Tether has frozen USDT linked to suspected Ledger wallet thefts, with blockchain investigators estimating losses near $90 million. Ledger suspended sales through CryptoBilis, an authorized reseller operating in Malaysia, Indonesia, and the Philippines, and advised customers who purchased devices in the past 90 days to secure their cryptocurrency using fresh wallets. Binance founder Changpeng Zhao and former Mt. Gox CEO Mark Karpeles weighed in on the case, with Karpeles investigating whether malicious hardware components were inserted into devices distributed to customers. Investigators have yet to establish whether the thefts resulted from counterfeit hardware, physical tampering, or another attack method.
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