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Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT

CryptoSlate
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Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT

Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to blockchain investigators. In an Oct. 9 statement, the crypto hardware wallet maker said it was investigating reports that customers lost funds after buying devices from CryptoBilis, an authorized reseller operating in Southeast Asia. As a precaution, […] The post Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT appeared first on CryptoSlate.

Key Takeaways

  1. Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to blockchain investigators.
  2. 9 statement, the crypto hardware wallet maker said it was investigating reports that customers lost funds after buying devices from CryptoBilis, an authorized reseller operating in Southeast Asia.
  3. As a precaution, […] The post Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.