đš #tetherfreezesusdtlinkedtoledgertheft â $90M Crypto Theft Under Investigation!
â ïž Tether Freezes $10M USDT Linked to Ledger Wallet Theft!
A major security incident linked to Ledger devices sold through Southeast Asian reseller CryptoBilis has reportedly drained approximately $92.9 million from 311 wallets across five blockchains.
đ Latest Updates:
đ° $92.9M: Estimated total losses tracked across $TRON, $BTC, $ETH, $BNB Chain, and Polygon.
đ $10M USDT: Tether froze funds linked to suspected theft addresses.
đ USDD conversions: Investigators traced stolen USDT being swapped into USDD, which Tether cannot freeze using its USDT controls.
đ”ïž Ongoing investigation: Ledger has asked CryptoBilis to suspend sales and shipments.
đĄ Important: Freezing USDT does not mean the full stolen amount has been recovered. Investigators are still tracing the remaining funds, and the exact cause of the theft remains under investigation.
đĄïž Security alert: If you bought a Ledger device through CryptoBilis recently, do not initialize an unused device. If already initialized, follow Ledgerâs official guidance on moving assets to a new signer with a fresh recovery phrase. Never share your recovery phrase.
â Was Tether right to freeze the linked funds?
#Tether #USDT #LedgerHack #CryptoSecurity #BreakingNews #tetherfreezesusdtlinkedtoledgertheft
