A group of American terrorism victims has asked a Manhattan federal judge to compel Tether, the issuer of the USDT stablecoin, to transfer more than $344 million in frozen stablecoins directly to their attorneys.
Gerstein Harrow LLP and co-counsel Robert Tolchin of the Berkman Law Office LLC filed the motion on May 14 in the U.S. District Court for the Southern District of New York.
The plaintiffs are families connected to the 1997 Hamas bombing in Jerusalem, who hold unpaid U.S. court judgments against Iran totaling $552.3 million in compensatory damages and $1.86 billion in punitive damages, issued across multiple terrorism-related cases over the past two decades.
