According to the source, a thief posing as a delivery driver tied up a homeowner and stole approximately $11 million in crypto during a home invasion. According to the source, no specific blockchain assets or wallet addresses were disclosed, limiting immediate on-chain tracking and reducing the ability for traders to monitor potential movements. According to the source, there were no details on exchange involvement, account freezes, or broader market impact, and no tickers were identified.

According to Paolo Ardoino, CEO of Tether, the company has successfully blocked $85,977 worth of stolen Tether (USDT) in a collaborative effort with law enforcement. This action directly impacts the security of the USDT ecosystem, assuring traders of Tether's proactive measures against illicit fund movements. For market participants, this reinforces the centralized control Tether holds, which allows for the recovery and freezing of stolen assets, a feature that can enhance trust but also highlights the key difference from decentralized cryptocurrencies.

According to ZachXBT, Yicong Wang, a Chinese over-the-counter (OTC) trader, has been instrumental in assisting the Lazarus Group, a notorious hacking collective, in converting tens of millions of dollars worth of stolen cryptocurrency into cash. This conversion has been conducted primarily through bank transfers since 2022, highlighting significant risks in crypto-to-fiat transactions and the involvement of OTC traders in illicit activities.

According to MistTrack_io, the MistTrack 2024 Q3 Report has been released. The report analyzes hundreds of cases of stolen cryptocurrency funds to identify the most common threats and provide insights on how to better protect against them.