PANews|5月 09, 2026 00:43
[Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted Loan]
(According to Bitcoin.com) Tether has filed a lawsuit in the São Paulo court in Brazil, demanding that Titan Holding repay a $300 million defaulted loan. The loan was issued in March 2025 by Tether's investment arm, Tether Investments, with a 12-month term and was due for repayment on March 28, 2026, but no repayment has been received to date. In the lawsuit, Tether is requesting the freezing of bank accounts, financial investments, and other assets of the defendants, including Titan and Master Holding. Tether clarified that this loan is not part of the reserves backing the issuance of USDT but is instead part of its loan portfolio. Titan Holding is a subsidiary of the Master Group, whose owner, Daniel Vorcaro, was arrested on Thursday.
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