BitcoinEthereumNews·
The post US-Based Law Firm Files New Motion Demanding Redistribution of $344M in USDt appeared on BitcoinEthereumNews.com. 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 than $1.8 billion in punitive damages from acts of “terrorism committed or sponsored by Iran,” stretching back more than 25 years. The latest filing is part of a broader lawsuit against North Korea (DPRK) and Iran, attempting to claim and redistribute digital assets as compensation for victims of various and unrelated judgments tied to state-sponsored violence, drawing criticism from the crypto community. The motion to claim $344 million in frozen stablecoins linked to Iranian entities. Source: PACER In May, the law firm filed a restra
Read full articleThe integration could democratize AI access, enabling crypto-native, low-cost, and pseudonymous payments, potentially reshaping AI billing. The post BNB Chain integrates Bankr LLM Gateway for USDT payments on BSC appeared first on Crypto Briefing.
The post Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Tether added $68.2M as USDT held 58.67% of the $323.3B stablecoin market. Sky’s USDS jumped 11.5% to $8.79B, closing in on the $10B milestone. Western Union’s USDPT spiked 597,568%, though its market cap remains just $1.5M. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector by a wide margin, holding a market capitalization of $189.7 billion this weekend after adding $68.2 million since May 9. Circle’s USDC moved in the opposite direction this past week, shedding 1.22% of its market capitalization, or slightly more than $950 million. USDC’s market cap stands today at $77.068 billion, a 1.98% decline since April 16. Sky’s USDS posted one of the week’s strongest performances as the third-largest stablecoin expanded by 11.50%, drawing in roughly $
The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector […]
A Jerusalem family that lost relatives in a 1997 Hamas suicide bombing is among the plaintiffs pushing a US federal court to order Tether to hand over hundreds of millions in frozen digital currency. The case, filed in Manhattan, could set a significant legal precedent for how courts treat centralized stablecoin issuers. Related Reading: Crypto […]
Christopher Harborne entered the Sunday Times Rich List in sixth place, as Parliament opened a probe into Farage. The Sunday Times Rich List 2026, published on May 15, placed Christopher Harborne sixth among Britain’s wealthiest individuals. His estimated £18.2bn fortune…
XRP is trading at $1.43, rising above the most technically significant resistance cluster it has faced in months. The price has simultaneously broken the 100-day MA and the descending channel’s upper boundary on the USDT pair, while the BTC pair breaks above a short-term resistance level. For the first time this cycle, both pairs are […]
Law firm Gerstein Harrow LLP is attempting to claim frozen cryptocurrency funds for claimants of unrelated judgments stretching back decades.
Christopher Harborne’s Rich List debut comes as Reform UK's Nigel Farage faces scrutiny over a $6.7 million gift from the Tether investor.
