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via Decrypt · By Decrypt Editorial
Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
DE
Decrypt Editorial(06:42 PM UTC)
1 min read
In brief
- Circle and Tether froze a wallet tied to the Bitget hack, blacklisting roughly 99,990 USDC and 218,023 USDT (~$318,000) at the contract level; Circle acted at 05:00 UTC Friday, with Tether following via its multisig hours later.
- The wallet's ~170 ETH stayed untouched—issuers can freeze their own tokens but not Ethereum—and trackers show other exploiter addresses still hold 63,000+ ETH…
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