CryptoMedium•9 October 2026•
1 min read
Tether Freezes USDT Linked to $90M Ledger-Related Theft
Key Facts
1Tether has frozen USDT tokens linked to a theft targeting Ledger users that is nearing a total of $90 million.
2Ledger is investigating stolen funds connected to users linked to the Southeast Asian distributor CryptoBillis.
Tether has frozen USDT tokens linked to a theft targeting Ledger users that is nearing a total of $90 million. TokenPost reported that the freeze covers USDT held at addresses associated with funds taken from Ledger users to prevent further movement of the stolen assets.
Ledger is currently investigating the stolen funds connected to users linked to the Southeast Asian distributor CryptoBillis. The intervention follows efforts to track the incident as affected users seek assistance while the investigation into the security breach continues.