Bena Ilyas

Bena Ilyas

Bena Ilyas is a Global News Correspondent and Market Analyst at Tronweekly with over four years of experience covering global cryptocurrency, blockchain, and Web3 developments. She has written 1,000+ articles for leading crypto news platforms, reporting on Bitcoin, Ethereum, altcoins, DeFi, and global crypto regulation, alongside Web3 trends, Layer 2 ecosystems, and AI-driven crypto use cases. Her work is based on verified sources and fact-based reporting for global market participants.

Tether USDT Lawsuit Targets $42.4 Million Wallet Freeze

Tether USDT Lawsuit

A new lawsuit in the Southern District of New York challenges Tether’s decision to freeze more than $42.4 million in USDT across 10 Ethereum wallets. The plaintiffs argue the freeze preceded a later seizure warrant and are questioning Tether’s authority to blacklist, destroy, and reissue tokens following a law enforcement request.