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Home›Crypto›Regulation›Conduit seeks court order to restore access to its tre…

Conduit seeks court order to restore access to its treasury wallet

The payments firm said the frozen access to its treasury wallet has slowed client settlements due to lost working capital.

Reported · Written up by our desk · Regulation

Conduit is suing Tether, asking a court to restore access to its treasury wallet, The Defiant reported.

The payments firm said the loss of working capital has slowed client settlements.

The filing focuses on getting back operational access to funds tied to its treasury wallet, according to the outlet.

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Sources

The DefiantConduit Sues Tether Over $2.76 Million in Frozen USDT

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