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Tether draws fresh attention as Ledger theft probe widens
Original: tether
Tether, the company behind the world's largest stablecoin, is back in headlines amid a broader wave of crypto-security worries. Ledger is investigating wallet drains affecting CryptoBilis buyers, with estimated losses topping $86 million, and suspects tampered hardware wallets after reports of thefts. The USDT issuer's role in market stability keeps it central to every major crypto scare.
Why now: unclear
Evidence
- Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses · The Block
- Ledger wallet tampering suspected after reports of crypto thefts · The Verge
Elsewhere
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