Tether has effectively immobilized significant funds linked to a recent cyberattack on Ledger’s code library. This decisive move underscores the ongoing battle against cybercriminals in the blockchain space. Tether’s Chief Technology Officer, Paolo Ardoino, announced the freezing of an attacker’s address that siphoned approximately $483,000 from various protocols, as per data from DeBank.
Details of the Compromised Assets
Among the stolen assets were $44,000 in USDT, Tether’s stablecoin. Tether has barred any further USDT transactions from this address by freezing the wallet, though other digital asset transactions remain possible. Notably, the attacker’s wallet interacted with the notorious AngelDrainer phishing group, including a transaction involving 4.334 ETH.
Ledger’s Vulnerability and Response
Ledger, a leading hardware wallet provider, suffered a significant setback when its Ledger ConnectKit library, a critical code repository, was compromised. The breach, which ori
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