Bitget hacker swaps USDC for ETH as Circle faces renewed freeze questions

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crypto.news Editorial

(05:54 PM UTC)

1 min read

The Bitget hacker has converted stolen USDC into ETH after a breach that the exchange valued at about $351.6 million, renewing questions about when Circle freezes funds linked to an attack.

Summary

Security researcher Taylor Monahan flagged USDC transfers and swaps tied to the Bitget attacker.
Bitget estimated the theft at $351.6 million and…

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