Bitquery reported on November 5, 2026, that it had traced at least $4.06 million in USDT thefts from October 5 through November 4 through a network of 365 TRON addresses. The total excludes TRX, and 89 of the addresses lost only TRX. Address counts do not establish the number of individual victims.
Bitquery linked 43 collector wallets through transaction-fee funding flows, but said common control by one operator was unproven. It matched only one counted theft to a published iPhone-owner account; most devices and exploits remain unidentified. Its USDT total counts payments that emptied an address’s balance and excludes swap payouts, transfers within the network and senders it could not classify.
