Victims of Iran-linked Terrorist Attacks Seek US Court Order to Seize $344M Frozen by Tether - Tekedia

Victims holding Iran-linked terrorism judgments asked a U.S. court to seize about $344 million in frozen Tether USDT.

They argue Tether can reissue the tokens, so the frozen balance should help satisfy unpaid damages tied to alleged IRGC attacks.

The case could set an important precedent for using frozen stablecoin funds to collect terrorism judgments.

It also raises legal and compliance risks for centralized crypto issuers operating under sanctions rules.