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ethereum

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

DecryptSeptember 25, 2026 · 7:34 PM2 min read
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.

Originally published on Decrypt

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.

Read the full article on Decrypt →

#decrypt
#ethereum

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