#TetherFreezesUSDTLinkedToLedgerTheft
🚨 Major crypto market heist: $92.9 million at risk, and Tether steps in! ⚠️
Digital wallets were hit by a massive hack, resulting in the theft of $92.9 million across 311 wallets on 5 blockchain networks, after users purchased physical Ledger wallets through an authorized reseller in Southeast Asia.
$BTC
🛡️ Tether acts swiftly
Freezing the funds: Tether quickly froze $10 million in USDT linked to the theft to prevent it from being transferred, although this does not mean victims will automatically recover their funds.
Tracking the investigation: Bitquery’s investigation revealed that a large portion of the funds can still be traced on-chain, as efforts to monitor their movement continue.
⚠️ Essential security lessons for users:
Buy only through trusted, official channels.
Never use a preconfigured recovery phrase or one supplied with the device.
Keep your keys and recovery phrases secret, and never share them.
💬 Tell us what you think: How do you protect your digital wallets from supply chain risks and similar hacks? Leave a comment! 👇
#tetherfreezesusdtlinkedtoledgertheft #أمن_العملات_المشفرة #USDT #بيتكوين $INJ
$WAL
🚨 Major crypto market heist: $92.9 million at risk, and Tether steps in! ⚠️
Digital wallets were hit by a massive hack, resulting in the theft of $92.9 million across 311 wallets on 5 blockchain networks, after users purchased physical Ledger wallets through an authorized reseller in Southeast Asia.
$BTC
🛡️ Tether acts swiftly
Freezing the funds: Tether quickly froze $10 million in USDT linked to the theft to prevent it from being transferred, although this does not mean victims will automatically recover their funds.
Tracking the investigation: Bitquery’s investigation revealed that a large portion of the funds can still be traced on-chain, as efforts to monitor their movement continue.
⚠️ Essential security lessons for users:
Buy only through trusted, official channels.
Never use a preconfigured recovery phrase or one supplied with the device.
Keep your keys and recovery phrases secret, and never share them.
💬 Tell us what you think: How do you protect your digital wallets from supply chain risks and similar hacks? Leave a comment! 👇
#tetherfreezesusdtlinkedtoledgertheft #أمن_العملات_المشفرة #USDT #بيتكوين $INJ
$WAL