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Tether Freezes USDT Linked to Ledger Theft Amid Ongoing Investigation

Tether Freezes USDT Linked to Ledger Theft Amid Ongoing Investigation

Photo: Pixabay (illustration)

Tether has frozen USDT tied to a recent Ledger Connect Kit exploit. Discover how swift action helped block stolen funds in the latest crypto security update. Stablecoin issuer Tether has taken swift action following a widespread security incident, freezing a digital asset address linked to the recent Ledger Connect Kit exploit . The intervention comes as blockchain investigators and security teams trace the movement of funds stolen during the December 2023 supply-chain attack, which compromised several decentralized applications.

Source: Cryptopress

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