Tether freezes $10M in USDT linked to $93M CryptoBilis Ledger exploit
Summary
Up to $93.2 million in crypto was reportedly stolen from 315 wallets across six blockchains linked to Ledger devices sold by authorized reseller CryptoBilis; another analysis put losses at $94.5 million across 521 addresses. Ledger confirmed an unauthorized hardware implant in at least one affected device, but has not established whether it caused the theft or confirmed a total loss. Tether froze $10 million in USDT tied to the incident. Investigations continue, and Ledger advised customers who used affected devices to move funds to a new device with a newly generated recovery phrase. Some funds may have moved through privacy services.
