Tether Freezes 181,000 USDT Linked to Bybit Hack
Flash
February 22, 2025 9:41 PM
In Brief:
Tether has frozen 181,000 USDT tied to the Bybit hack.
CEO Paolo Ardoino confirmed ongoing monitoring of suspicious transactions.
Tether has taken action against funds linked to the Bybit hack, freezing 181,000 USDT associated with the Lazarus Group’s stolen assets. While the amount is small compared to the $1.32 billion in stolen ETH, the move signals active monitoring and cooperation with authorities to prevent illicit fund movement.
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