https://wccftech.com/tether-cryptocurrency-hackers-stole-31-million/

The cryptocurrency disasters that we have been seeing for the past 5 months continue as another startup has claimed that hackers stole funds worth nearly $31 million. Tether is a startup that offers dollar-backed digital tokens [USDT]. Tether operates USDT, a cryptocurrency asset that is pegged to the US dollar. Unlike other digital currencies that fluctuate wildly against dollar, Tether is designed to protect investors from that volatility while still enabling them to benefit from the Blockchain-based assets.

The company said in a statement that someone removed funds from the core Tether Treasury wallet through “malicious action.”