Ledger theft-linked funds shift from USDT to USDD to dodge Tether freezes

Ledger Theft Funds Shift Into USDD, Beyond Tether’s Freeze Controls

Tron records show a 2 million USDT conversion through USDD’s stability module; Bitquery estimates Tether froze $10 million across the wider theft cluster.

Ledger theft-linked funds shift from USDT to USDD to dodge Tether freezes

The shift from USDT to USDD underscores vulnerabilities in stablecoin freeze mechanisms, prompting scrutiny on regulatory and security measures.

Ledger Theft Funds Move Into USDD After Tether Freezes $10 Million

A 2 million USDT conversion through USDD’s stability module moved funds beyond Tether’s freeze controls.