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Disrupting the Mercado Bitcoin Attack: How Chainalysis Led the Freeze of Nearly $10M in Stolen Funds

Chainalysis coordinated with Mercado Bitcoin, law enforcement and industry partners in a response that helped freeze nearly $10 million in stolen funds.

The attack unfolded in waves on November 2, affecting assets across 17 blockchains, with estimated losses of $49 million. Bitcoin and Ethereum accounted for the largest portions, while Base, Tron and Polygon were also affected. Chainalysis escalated relevant addresses and supporting intelligence to Tether and law enforcement, enabling Tether to freeze over $9 million in stolen funds.

This summary is based on the available full source text. Summary prepared with AI assistance. The original source is authoritative.

Original source

Chainalysis Blog

Date stated with the source: 2. 11. 2026

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