Tether has filed a lawsuit against Titan Holding in São Paulo, Brazil, seeking to recover a $300 million defaulted loan. Titan Holding is part of the Master Group controlled by Daniel Vorcaro, who was recently arrested. Banco Master, owned by Vorcaro, was previously liquidated by Brazil's central bank due to a $2.2 billion reserve shortfall. Tether is currently seeking to freeze the financial assets of the companies involved and stated that the $300 million loan is part of its lending portfolio and not part of the reserves backing USDT issuance. (Bitcoin com) https://(wublock123.com)/news/tether-sues-titan-holding-brazil-recover-300m-defaulted-loan-60758