US-Based Law Firm Files New Motion Demanding Redistribution of $344M in USDt

May 15, 2026 - 20:30
US-Based Law Firm Files New Motion Demanding Redistribution of $344M in USDt
Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to hand over more than $344 million in frozen USDt linked to Iranian entities. The motion claims that the plaintiffs are owed more than $532 million in compensatory damages and more...

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