Tether Billionaire Enters UK's Richest People List Amid Farage Gift Inquiry
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.
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The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared on BitcoinEthereumNews.com. TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves managed through Cantor Fitzgerald. U.S. terrorism judgment creditors filed a motion in Manhattan federal court Thursday, seeking the turnover of over $344 million in USDT. The frozen funds are held in OFAC-blocked wallet addresses linked to Iran’s Islamic Revolutionary Guard Corps. The plaintiffs want Tether to zero out those balances and reissue equivalent tokens to them. The case could set a notable precedent for crypto asset enforcement in terrorism-related judgments.
Read full articleChristopher Harborne’s Rich List debut comes as Reform UK's Nigel Farage faces scrutiny over a $6.7 million gift from the Tether investor.
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