Tether sues Titan Holding, demanding repayment of a $300 million loan

According to a report by Bitcoin.com, Tether has filed a lawsuit in the São Paulo court in Brazil, demanding that Titan Holding repay a $300 million defaulted loan. The loan was issued by Tether Investments in March 2025, with a term of 12 months, originally set to mature on March 28, 2026, but has not been repaid. Tether has requested the court to freeze the bank accounts, financial investments, and other assets of the defendants, including Titan and Master Holding, and clarified that this loan is not part of the reserves backing USDT issuance, but rather is part of its lending portfolio. Titan Holding is a subsidiary of the Master group, whose owner, Daniel Vorcaro, was arrested on Thursday.