The complaint targets 61,192,367.59 USDT across 10 Tron addresses and alleges the funds came from sanctioned Iranian oil sales.
The U.S. has filed a forfeiture case involving USDT held at an identified cryptocurrency address. Here is what the legal action means and what is known.
Stock perpetuals generated 48.875 billion USDT, while spot products accounted for 1.386 billion USDT through Oct. 9.
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to blockchain investigators. In an Oct. 9 statement, the crypto hardware wallet maker said it was investigating reports that customers lost funds after buying devices from CryptoBilis, an authorized reseller operating in Southeast Asia.
The freeze highlights the need for robust supply chain security and raises concerns about the limitations of centralized control in crypto. Tether freezes USDT linked to Ledger user thefts near $90 million.
The loss may be the largest single theft in an incident involving Ledger devices bought through CryptoBillis, with total losses nearing $90 million.
Ledger is investigating stolen funds linked to users connected to Southeast Asian distributor CryptoBillis.
The Oct. 9 transaction moved Tether from Binance to an unidentified wallet. No purpose for the transfer was provided.
More Tether USDt left Binance than entered during the measured one-hour period.
The exchange recorded the movement in Tether (USDT) over the past 24 hours.
Cantor Fitzgerald faces questions over its Tether partnership, a reported $10 billion stake and Howard Lutnick's earnings, with answers due Oct. 23.
Three masked attackers restrained a foreign resident in Nong Prue near Pattaya and also stole cash, Rolex watches and mobile phones.