---
title: "Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze"
url: https://thecoingazette.com/tether-hit-with-lawsuit-over-2-76-million-stablecoin-freeze/
date: 2026-10-06
modified: 2026-10-06
lang: en
author: "Coin Gazette Editorial"
description: "The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to..."
categories:
  - "Law and Order"
word_count: 38
---

# Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze

The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.