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103All-time rank
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Tether

Nov 19, 2017

$31.0M
Lost
$31.0M
Recovered
$0
Net loss
$31.0M
Unrecovered0% recovered

95M USDT was removed from Tether's Treasury wallet and sent to an unauthorized address. Tether blocked the tokens and marked them as non-redeemable, preventing their circulation.

Tether worked with the Omni Foundation to implement protocol upgrades allowing eventual token reclamation.

Target
DeFi
Classification
Key Compromise
Technique
Private Key Compromised
Attribution
Unknown
Chains
Bitcoin

Event timeline

  1. Nov 19, 2017
    Exploit executed — $31.0M drained via private key compromised
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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