Ripple’s David Schwartz backs Tether in $42.4 million asset freeze dispute
Former Ripple Chief Technology Officer David Schwartz has voiced support for Tether amid an ongoing legal battle concerning the freeze of $42.4 million in USDT. The lawsuit, brought by a group of Thai entrepreneurs, challenges the stablecoin issuer’s actions in the U.S. District Court for the Southern District of New York (SDNY).