Tether Freezes $10M in USDT Linked to $93M CryptoBilis Ledger Exploit

Tether freezes $10M in USDT linked to $93M CryptoBilis Ledger exploit

Onchain data shows over $81 million of the stolen funds remain traceable despite hackers routing assets through mixing services.

Tether blocks $10M linked to CryptoBilis Ledger wallet theft

Tether has frozen $10 million of its USDT cryptocurrency after a theft drained up to $93 million in assets from Ledger hardware wallets sold by CryptoBilis, as the investigation into the money flow continues and Ledger claims the problem is isolated. Confirmed information provided by Ledger so far The French cryptocurrency wallet maker has yet to comment on the losses. Ledger has said that all cases the company has identified involve devices sol…

Tether Freezes $10 Million in USDT Tied to Ledger Distributor Theft

About $93.2 million in crypto was linked to devices sold by authorized distributor CryptoBilis across six blockchains.