Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away

The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.

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ETH $2,568.35 -1,76%
USDT $0.9981 +0,09%
USDC $0.9983 +0,10%

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Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away

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