A victim of a hack worth 90 Ether (ETH) has worked with police and cyber authorities to get the attacker's Tether (USDT) address blacklisted, potentially allowing them to recover most of their stolen funds. The victim's hot wallet seed phrase was compromised in March, resulting in the theft of Yuga Labs-related NFTs, other crypto, and NFTs from smaller projects.
The blacklisted USDT wallet currently contains $107,306 worth of USDT, but it is unclear if the victim will be fully reimbursed. Tether typically burns blacklisted USDT and re-issues equal amounts of the asset to the original owner, but this process usually requires a court order.
All Comments