TechFlow News, May 9: According to Bitcoin.com, Tether has filed a lawsuit in São Paulo, Brazil, seeking repayment of a $300 million loan from Titan Holding, a company owned by the Master Group. The loan was issued in March 2025 by Tether Investments, Tether’s venture capital arm, and was originally due for repayment on March 28, 2026—but no repayment has been received to date.
Daniel Vorcaro, owner of the Master Group, was recently arrested. His Banco Master was liquidated by the Central Bank of Brazil in November last year due to a reserve shortfall of $2.2 billion, affecting over one million customers. In its lawsuit, Tether has requested the freezing of all financial assets belonging to Titan Holding and its affiliated companies.
Add to Favorites
Share to Social Media
