<ul><li>Tether's USDT freeze process vulnerability has been exploited, leading to over $78 million theft since 2017.</li><li>AMLBot and PeckShield identified delays in the multi-signature contract design, allowing illicit actors to bypass freezing, particularly on Ethereum and Tron.</li><li>The majority of the stolen funds, approximately $49.6 million, were withdrawn from the Tron network, followed by $28.5 million withdrawn via Ethereum.</li><li>Criminal actors are using automated tools to exploit freeze alert delays, highlighting the need for system upgrades to enhance security and enforcement speed.</li></ul>

Tether Exploit Leads to $78 Million Theft Due to Multi-Sig Freeze Delay

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