Headlines

Two Thai Businessmen Sue Tether Over $42.4M USDT Freeze as Issuer Calls Case ‘Baseless’

Thai plaintiffs challenge Tether’s $42.4 million USDT freeze, which appears connected to an HSI investigation into pig-butchering fraud proceeds. Tether is facing a lawsuit in the Southern District of New York over the freeze of $42.4 million in USDT belonging to two Thai businessmen, Nutthawat Rukthammachalern and Natthawat Kasamvilas. The plaintiffs allege that Tether…

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ECB Executive Calls for Central Bank Money on Blockchain

European Central Bank Executive Board member Isabel Schnabel has called on central banks to bring their money directly onto blockchain networks, arguing that doing so will be essential as financial markets move toward tokenized assets. Speaking at the Jackson Hole Economic Policy Symposium on August 28, Schnabel said central banks must “go on-chain” to ensure…

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