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Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist

#USDT#USDC

TLDR — The stablecoin issuers blacklisted a wallet holding about $318,000 in USDT and USDC.

Signal data▼ Bearishconfidence 90%High materiality
AssetUSDTUSDCEventexchange-incidentEvent timeAttention0 readers/hrNormalSmart readers0

The stablecoin issuers blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.

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