Tether's $42.4M USDT Freeze at Center of New York Court Case

A New York court case has brought attention to Tether's frozen USDT reserves. The case, which began after assets in 10 wallets were frozen on October 30, 2025, involves plaintiffs seeking to have the block lifted and compensation for the $42.4 million in USDT affected.

Tether has been supported by David Schwartz, who argued in favor of lifting the freeze. This decision could clarify the court's stance on pre-order freezes.