Tether has frozen about $90 million in USDT tokens stolen from Ledger hardware wallet users via a compromised distributor in Southeast Asia. The freeze prevents the stolen USDT from being transferred but does not return funds to victims. Ledger is investigating the supply chain issue and has advised recent buyers not to initialize new devices. The stolen assets span Bitcoin, Ethereum, and Tron networks, but only USDT can be frozen by Tether due to its centralized control, leaving other stolen cryptocurrencies unaffected. Victims await further legal or coordinated steps to recover their funds.
As of Oct 09, 2026 22:52 WIB, USDT on Pluang trades at Rp17.858 with a slight 1-day decline of 0.17%. The stablecoin maintains a large market cap of Rp3.293,83 trillion and sees significant trading volume of Rp1.457,26 trillion over 24 hours. Despite the freeze on stolen USDT linked to Ledger thefts, the token remains actively traded with a typical hold time of 90 days on Pluang.
Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, maki...
On October 9, 2026, Tether blacklisted four THORChain vault addresses on the Tron network, freezing about 1.45 million USDT and stopping THORChain's Tron-based cross-chain swaps. The freeze lasted roughly three hours before Tether removed the blackli...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
A crypto trader lost 80 Bitcoin, worth about $6.6 million, after transferring them to a new Ledger hardware wallet bought from a reseller named CryptoBilis. The coins were held on the device for 10 days before being stolen in a single transfer. Ledge...
Tether Treasury transferred 500 million USDT to Binance via the Tron blockchain shortly after Binance sent the same amount back to Tether Treasury through Ethereum. This sequence of equal transfers across different blockchains likely indicates a cros...
