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Learning & News => News related to Crypto => Topic started by: Cordillerabit on November 21, 2017, 11:07:33 AM

Title: Tether Claims $30 Million in US Dollar Token Stolen By Attacker
Post by: Cordillerabit on November 21, 2017, 11:07:33 AM
Tether, the company behind a dollar-pegged cryptocurrency widely used in the market's exchange trade, is claiming that its systems have been hacked and that $30 million worth of its tokens have been stolen.

The company wrote:

"$30,950,010 USDT was removed from the Tether Treasury wallet on Nov. 19, 2017 and sent to an unauthorized bitcoin address. As Tether is the issuer of the USDT managed asset, we will not redeem any of the stolen tokens, and we are in the process of attempting token recovery to prevent them from entering the broader ecosystem."

https://www.coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/