- A #victim named L3yum suffered a hack involving 90 Ether (ETH) and lost nearly $170,000 worth of NFTs and assets tied to Yuga Labs and other projects.
- The hacker's #Tether (USDT) address was blacklisted with the assistance of law enforcement and cyber authorities.
- On August 11, L3yum reported that the hacker's Ethereum-based USDT address had been frozen and blacklisted.
- The wallet holds $107,306 worth of USDT, but the victim may not recover the full stolen amount.
- It's uncertain if the victim will be reimbursed, but previous cases suggest Tether might burn blacklisted USDT and issue equivalent amounts to the original owner.
- Normally, Tether requires a court order to blacklist a #USDT address, and this is the likely path ahead for L3yum.
- The method used by the #hacker to access the #seedphrase in March remains unknown.
