🚨 #tetherfreezesusdtlinkedtoledgertheft — $90M Crypto Theft Under Investigation!
⚠️ 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.
🔍 Latest Updates:
💰 $92.9M: Estimated total losses tracked across $TRON, $BTC, $ETH, $BNB Chain, and Polygon.
🔒 $10M USDT: Tether froze funds linked to suspected theft addresses.
🔄 USDD conversions: Investigators traced stolen USDT being swapped into USDD, which Tether cannot freeze using its USDT controls.
🕵️ Ongoing investigation: Ledger has asked CryptoBilis to suspend sales and shipments.
💡 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.
🛡️ Security alert: If you bought a Ledger device through CryptoBilis recently, do not initialize an unused device. If already initialized, follow Ledger’s official guidance on moving assets to a new signer with a fresh recovery phrase. Never share your recovery phrase.
❓ Was Tether right to freeze the linked funds?
#Tether #USDT #LedgerHack #CryptoSecurity #BreakingNews #tetherfreezesusdtlinkedtoledgertheft
