Tether has frozen USDT in addresses linked to reported Ledger user thefts totaling nearly $90 million, according to blockchain security firm MistTrack. The action targets funds associated with the compromised accounts to prevent further movement of the stolen assets.
The freeze effectively blocks transfers from the identified addresses but does not provide direct repayment to victims. This measure serves as a containment strategy rather than a restitution mechanism for those affected by the security breach.
Tether Freezes USDT Linked to $90M Ledger User Thefts
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