CryptoBilis Ledger Breach Leads to $95 Million Theft, $10 Million Recovered or Frozen

The CryptoBilis-linked cryptocurrency theft involved approximately $95.35 million in assets stolen between October 7 and 9, according to Arkham Intelligence. Most of the funds were taken within 51 minutes on October 9, including millions of dollars in USDT and Bitcoin. The attacker subsequently moved assets across multiple blockchain networks using swaps and bridging services. Arkham reported that $10 million in USDT had been frozen by Tether, while Ledger has yet to independently confirm the total losses or number of affected customers.

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