Per recent reports, Tether has officially frozen the addresses of hackers who have siphoned more than $400,000.
Users of the Ledger platform have been advised to refrain from using Web3 dApps in the meantime.
Amidst ongoing security concerns, Tether has placed restrictions on the wallets of the attackers responsible for exploiting the Ledger network.
According to Paolo Ardoino, the Chief Security Officer of Tether, the attacker’s addresses have been frozen. This will make it impossible for them to gain access to the funds connected to the recent attack carried out on the Ledger platform.
Tether just froze the Ledger exploiter address
— Paolo Ardoino (@paoloardoino) December 14, 2023
It bears mentioning that while the attackers will no longer be able to carry out any USDT-related transactions using the wallet address, they might still be able to carry out transactions relating to other digital assets.
As more internal security checks were being carried out, it was discovered t
