Tether Freezes $10M in USDT Linked to $93M CryptoBilis Ledger Exploit

Tether freezes $10M in USDT linked to $93M CryptoBilis Ledger exploit

Onchain data shows over $81 million of the stolen funds remain traceable despite hackers routing assets through mixing services.

Ledger CryptoBilis Theft Estimate Rises to US$102 Million, Says Bitquery

Blockchain analytics firm Bitquery estimates that US$102 million was stolen from 324 cryptocurrency wallets in an incident linked to Ledger devices sold through Malaysian reseller CryptoBilis. The findings, updated on 12 October, increase the estimated losses from the previously reported US$86 million after researchers identified additional transactions. According to the report, approximately US$79.3 million was [...]

Tether blocks $10M linked to CryptoBilis Ledger wallet theft

Tether has frozen $10 million of its USDT cryptocurrency after a theft drained up to $93 million in assets from Ledger hardware wallets sold by CryptoBilis, as the investigation into the money flow continues and Ledger claims the problem is isolated. Confirmed information provided by Ledger so far The French cryptocurrency wallet maker has yet to comment on the losses. Ledger has said that all cases the company has identified involve devices sol…

Bitquery Says $10 Million Frozen in CryptoBilis-Linked Wallet Drains

The firm's $93.2 million loss estimate spans six chains, while Ledger's latest update offers no repayment plan for affected buyers.... Read the full story at The Defiant

Tether Freezes $10 Million in USDT Tied to Ledger Distributor Theft

About $93.2 million in crypto was linked to devices sold by authorized distributor CryptoBilis across six blockchains.