#TetherFreezesUSDTLinkedToLedgerTheft
๐จ Tether Freezes USDT Linked to Ledger Theft
Tether has frozen USDT connected to a theft targeting Ledger hardware-wallet users, with reported losses approaching $90 million, according to blockchain tracking reports. ๐
๐ The key details:
- ๐ฐ Estimated losses: nearly $90M
- ๐ Tether froze some USDT linked to the stolen funds
- ๐ Ledger is investigating the incident involving reseller CryptoBilis
- โ ๏ธ Frozen funds are not the same as recovered funds.
This highlights an important reality of crypto: self-custody security matters, and stablecoin issuers can restrict transfers of their tokens in certain circumstances.
Will this strengthen trust in crypto security, or raise more questions about centralized control? ๐
#USDT #Tether #Ledger #Binance
๐จ Tether Freezes USDT Linked to Ledger Theft
Tether has frozen USDT connected to a theft targeting Ledger hardware-wallet users, with reported losses approaching $90 million, according to blockchain tracking reports. ๐
๐ The key details:
- ๐ฐ Estimated losses: nearly $90M
- ๐ Tether froze some USDT linked to the stolen funds
- ๐ Ledger is investigating the incident involving reseller CryptoBilis
- โ ๏ธ Frozen funds are not the same as recovered funds.
This highlights an important reality of crypto: self-custody security matters, and stablecoin issuers can restrict transfers of their tokens in certain circumstances.
Will this strengthen trust in crypto security, or raise more questions about centralized control? ๐
#USDT #Tether #Ledger #Binance