Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
#USDC#USDT#ETH
TLDR — 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.
Signal data▼ Bearishconfidence 90%High materiality
AssetUSDCUSDTETHEventexchange-incidentEvent timeAttention0 readers/hrSmart readersexpert attention 0%
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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