In a message just sent out to it's users they state:
"$30,950,010 USDT was removed from the Tether Treasury wallet on November 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. "
The full message can be read below...
Tether's full statement |
We will be following this story for further updates...
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Author: Ross Davis
San Francisco News Desk