Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address.
As revealed by the official Twitter account for Tether on Sunday, hackers purportedly threatened to leak documents that would “harm the Bitcoin ecosystem” if their ransom demands were not met. Tether has already stated that it will not pay the ransom, which amounts to a dollar value of $23.8 million at the time of publication. The firm tweeted: