What changed
Conduit is suing Tether in NY federal court, alleging the USDT issuer froze $2 76 million of its funds for over a year without explanation 76 million freeze, says it has ‘no legal entitlement’ to funds
Why it matters
Macro positioning around USDT can change volatility, liquidity, or sentiment. The concrete detail to watch is conduit is suing Tether in NY federal court, alleging the USDT issuer froze $2
Trading lens
Use this as watchful context from theblock.co. Watch whether 76 million of its funds for over a year without explanation confirms momentum, invalidates active bias, or changes timing.