Decrypt September 25, 2026

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

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.
Source: Decrypt

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