Mercado Bitcoin Reports More Than $46 Million Stolen as Funds Keep Moving

Brazilian crypto exchange Mercado Bitcoin said a security incident moved more than $46 million in cryptocurrency from its wallets Monday, while connected addresses continued transferring funds after the company paused deposits and withdrawals. At 11:42 a.m. ET (16:42 UTC), about $6.2 million in stolen assets had been frozen by stablecoin issuers Tether and Circle. Roughly $20 million had moved to newly created wallets, and more than $20 million remained in addresses Mercado Bitcoin linked to the incident, including all 106 Bitcoin (BTC).