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Tether Moves to Freeze Stolen USDT: Can Nearly $90 Million in Crypto Losses Be Recovered?
Gate Live | 3:55 PM PKT
Crypto security is not just about preventing attacks. When stolen funds move across blockchain networks, the next challenge is tracing the transactions, identifying the wallets involved, and determining whether the assets can be frozen before they disappear.
In today's Gate Live session, we explored the reported Tether response to stolen USDT linked to the Ledger-related security scare and the critical question facing affected users: Can frozen crypto funds actually be recovered?
K
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USDT0.00%
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$NIGHT Why do large buy orders keep being placed and canceled nonstop? I can’t sell at all.
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NIGHT+6.08%
$BTC Update.
Last week's plan is playing out with a bit of a hiccup. The idea was to build a long on the sweep of the RLs while price retests the 4h trend.
The correction went a bit deeper than expected and deviated below the 4h trend, stopping me out on the initially planned long. That's fine, the loss was planned and small. The read is still the same.
Price is already back above the trend with a strong ~3% bounce from the lows.
This is the manipulation zone of the range. Stops below the RLs got cleared, price is building demand right where it trapped sellers, and now it is attempting to get
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BTC-0.34%
BTC has pulled back from $87k, but long-term holders remain unmoved! With veteran players not sellin
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LIVE1,443
#交易机器人 I’m using Gate’s SHIBUSDT futures grid bot, come copy-trade with me
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#GateEventMarketVolumeHits73M e Event Market Volume Hits 73 Million, A New Signal for the Growing Prediction Market Economy
The prediction market sector is attracting increasing attention as users explore new ways to participate in event-based markets. Gate Event Market volume has reportedly reached 73 million, a milestone that highlights the growing interest in platforms where market participants can trade based on the outcomes of real-world events.
This development is worth watching because prediction markets connect information, probability, and market activity in a single environment. Inst
BTC-0.34%
ETH-0.06%
BREAKING: Robinhood Chain, built on Arbitrum, handled $43.29B in DEX volume in the past 30 days, third among all blockchains behind Solana and Ethereum. It topped Base at $30.34B as it marked 100 days live.
@arbitrum
ARB+3.58%
SOL-0.70%
ETH-0.06%
MARKET UPDATE BTC
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LIVE1,744
BIGGEST CRYPTO BULL RUN INCOMING?
Fundstrat’s Tom Lee says the bull market is underway and could be the biggest yet.
Historically, 8 of 9 crosses above the 200-day moving average signaled bullish markets.
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The first game of the 2026 NBA China Games was held in Macao, with Pop Mart founder Wang Ning, Jackie Chan, David Beckham, Jack Ma, and Joe Tsai watching together.
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Going long profits from space; going short profits from time.
Tangent has launched its first CryptoSwap market, supporting collateralized borrowing and lending for C/ETH LP. Compared with simply adding another lending pool, the expansion of the collateral asset boundary is the more noteworthy change.
This is not an ordinary collateral expansion. Previously, the volatile assets in the HEC collateral pool all belonged to the StableSwap system. This marks Tangent’s first inclusion of CryptoSwap non-stable pool LPs within the collateral scope, formally expanding from stable LP assets to non-stable pool assets such as C/ETH, which fluctuate in both directions
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ETH-0.06%
$DOGE /daily 🔥
#Dogecoin just bounced from the 4-year trendline support that's been holding since 2022.
❇️ Three touches in total → three bounces
After each previous bounce, price formed a small Channel and then took off toward the upper band. The same Channel is now showing up after this bounce.
The first two surges were big. The next one is loading 🚀
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DOGE+1.23%
How can there be such pure love in this world?
You made me feel the thrill of first love.
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$NPC
Next leg up is loading 👽
@CryptoWizardd @cryptocevo
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NPC+1.27%
Good afternoon
❑ Your AI avatar can do much more than just copy your face.
I recently created an AI video of myself using Flow AI, and three features genuinely impressed me.
1. Facial expressions: It captures more than your appearance. It can reproduce your facial movements and expressions.
2. Voice replication: It can generate speech that sounds remarkably similar to your own voice.
3. Natural delivery: The way the avatar speaks can reflect your personal speaking style, making the result feel much more like you.
Imagine creating educational content, sharing your ideas, or building your perso
FLOW+5.80%
📰🔥 TODAY IN HISTORY 🔥📰
📆 — OCTOBER 10
🌎📜 EVENTS THAT MARKED THE WORLD
🌪️ 1780 — The Great Hurricane of 1780 devastates the Caribbean, causing between 20,000 and 30,000 deaths.
🇧🇷 1822 — José Bonifácio and his brother Martim Francisco are removed from the first ministerial cabinet of the Empire of Brazil, but return just two days later.
🔭 1846 — Astronomer William Lassell discovers Triton, Neptune’s largest moon, expanding knowledge about the mysteries of the Solar System.
🎖️ 1866 — The Duke of Caxias is appointed commander-in-chief of Brazilian troops in the Paraguayan War.
🇨🇺 18
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XRP+0.86%
XLM+1.57%
Today I’m sharing some exciting live trading data. After running for just 2 hours and 48 minutes, my MAGICUSDT long futures grid bot has delivered an astonishing result!

With 90 USDT in principal invested, the current total profit has reached 65.26 USDT, for an impressive total return of 72.51%! In this short period of less than 3 hours, 181 grids operated frantically, completing a total of 1008 arbitrage trades. This high-frequency grid profit perfectly captured the gains from this rally. Current grid profit: 13.29; unrealized PnL: +51.96.

However, high returns always come with high risks
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MAGIC+39.35%
$FET , I really like it for a big swing.
The BTC pair is set up beautifully. It deviated below the daily range, reclaimed it, and has now flipped the daily MA trend bullish. Alts outperforming their BTC pair after months of bleeding against it is where the big swings usually come from.
The $USDT pair on the 4h is also looking nice. Price swept below the RLs and is now testing the 4h trend from above.
I have bought back my spot bag here and will look to add more on dips.
I think FET has big potential among the AI coins.
#FETUSDT
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FET+3.20%
BTC-0.34%
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Buying a cold wallet, the biggest fear is ending up with a sense of security but not actual security.
Ledger incident losses near $90 million The victims identified so far are users who purchased devices from Southeast Asian distributor CryptoBilis. Early on-chain estimates put the losses at nearly $90 million, while a subsequent Bitquery investigation estimated approximately $92.9 million, involving 311 wallet addresses. This figure is still a third-party estimate, not an official final confirmation.
Ledger has asked the distributor to suspend sales and shipments, and reminded users who purch
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