[Tether Sued by Thai Businessmen for Freezing $42.4 Million USDT Three Months Early] According to a report by Jinse Finance, on September 4, two Thai businessmen, Nutthawat Rukthammachalern and Natthawat Kasamvilas, filed a lawsuit against stablecoin issuer Tether in the U.S. District Court for the Southern District of New York, accusing the company of blacklisting 42,417,785.62 USDT. The lawsuit was initially filed on August 31 and refiled the following day. On-chain records indicate that these 10 Ethereum addresses were batch-frozen within two and a half minutes on October 30, 2025, while the seizure order cited in the lawsuit is dated February 19, 2026, a gap of more than three months. The plaintiffs claim they purchased USDT on the secondary market and had no contractual relationship with Tether. The complaint alleges that Tether acted on an informal request from U.S. government agents via Homeland Security Investigations (HSI) before the seizure order was issued and informed Kasamvilas on November 2, 2025, that it had "no further information," without disclosing that the funds had already been frozen. The lawsuit includes five claims, such as conversion, chattel trespass, and unjust enrichment. The defendants named are Tether Holdings, Tether International, Tether Operations, and Tether Investments, with the case being overseen by Judge Lewis J. Liman. Tether previously stated that its cooperation with law enforcement has resulted in the freezing of over $4.4 billion in assets, more than $2.1 billion of which is related to U.S. authorities.