Jacob King
Jacob King|Oct 15, 2025 14:49
BREAKING: Riverstone Consultancy has filed a lawsuit against Tether, alleging 44.72M in USDT was frozen after an informal request from Bulgarian law enforcement. The complaint accuses Tether of: 1️⃣ Violating international legal protocols by freezing assets based on a local police request. 2️⃣ Failing to provide due process. 3️⃣ Earning interest on frozen reserves, allegedly enriching itself unjustly. This case raises critical questions about how centralized stablecoin issuers handle legal freezes and the potential risks of informal compliance with law enforcement requests.(Jacob King)
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