By Isaac • November 2, 2026 8:00 pm •
The security incident at Mercado Bitcoin has moved into a new phase: stablecoins are being frozen and the suspected attacker’s remaining wallets are now being mapped in public.
Tether CEO Paolo Ardoino said the company froze more than 4.5 million USDT tied to the incident. That closes off one part of the attacker’s escape route while investigators follow funds across chains.
Tether froze more than 4.5M USDT related to this security incident. https://t.co/PCtP4957jn
Trending: EUROPE IS BURNING: Streets Set Aflame as Mobs Attack Police—America, Vote Republican On Tuesday
— Paolo Ardoino 🤖 (@paoloardoino) November 2, 2026
CryptoSlate reports that blockchain analytics firm Arkham identified roughly $46 million in cryptocurrency still held in wallets attributed to the attacker. The reported mix included about $8.37 million in Ether, $8.24 million in Bitcoin
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