Wu Blockchain has learned that cross-border payment company Conduit Technology filed a lawsuit against Tether in the U.S. District Court for the Southern District of New York on October 5, accusing Tether of freezing approximately $2.76 million USDT in its treasury wallet since September 2025, and failing to unfreeze it to date. Conduit claims the freeze is related to investigations by Brazilian police into entities like BULL and Onix, but Conduit is not a target of the investigation, nor has its wallet been listed on the freeze order by Brazilian authorities. Instead, Tether's T3 Financial Crime Unit proactively identified and froze the wallet based on its own standards. Conduit accuses Tether of property misappropriation, unjust enrichment, breach of fiduciary duty, and computer fraud, demanding the court order Tether to unfreeze the funds and seeking at least $2.76 million in damages, along with related losses, interest, and profits. https://(wublock123.com)/news/conduit-sues-tether-over-2-76m-usdt-freeze-69613