Victims of Iran attacks seek court order for turnover of $344 million in USDT frozen by Tether
The Block
U.S. terrorism judgment creditors have requested a court order forcing Tether to transfer $344 million in frozen USDT linked to the IRGC.Summary
A group of U.S. terrorism judgment creditors has filed a motion in a Manhattan federal court seeking to compel Tether to turn over $344 million in USDT held in wallets associated with the Islamic Revolutionary Guard Corps. The plaintiffs argue that Tether possesses the legal and technical capacity to seize and reissue these funds, citing previous instances where the firm cooperated with U.S. law enforcement. While the assets were frozen by Tether following OFAC sanctions, the plaintiffs seek to apply these funds toward court-awarded damages related to terrorism cases.
(Source：The Block)