Back to Trending

Ledger theft-linked funds shift from USDT to USDD to dodge Tether freezes

Crypto Briefing 2026-10-10 02:16:00

Context: Funds linked to a theft from Ledger, a cryptocurrency hardware wallet company, have been moved from Tether's USDT stablecoin to Tron-based USDD in an attempt to evade freezes imposed by Tether. This shift highlights potential vulnerabilities in stablecoin freeze mechanisms. The incident is under scrutiny, with implications for regulatory and security measures.

Key Facts

Funds stolen from Ledger have been shifted from USDT to USDD to avoid Tether's freezes.
The shift from USDT to USDD highlights vulnerabilities in stablecoin freeze mechanisms.
The incident is prompting scrutiny on regulatory and security measures for stablecoins.

Read full article & support publisher

More Factual Updates

Thai Bourse Revises Short-Selling, High-Frequency Trading Rules Bloomberg
Australia Says Doesn’t Need Russian Fuel After Trump Diesel Move Bloomberg
Beijing bets its clean power surplus can win the AI race Crypto Briefing

Factual Insights via Grasp AI

Processed securely through our unified RSS feed organiser engine.

Cut out the noise. Build your own custom factual news feed for free, or summarise any article instantly.

Create your free dashboard