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Ledger theft-linked funds shift from USDT to USDD to dodge Tether freezes

What happened

A suspected thief tied to compromised Ledger devices swapped millions in USDT for USDD after Tether started blacklisting addresses A wallet tied to a wave of thefts from Ledger hardware wallet users converted 2 million USDT into USDD. The apparent goal was to move the money.

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