AICryptoRadar
Security Negative

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

Decrypt · 1 hr ago

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$ETH
Informational impactNot rated
AI confidenceNot rated
Risk contextUnknownOperational, security or regulatory context
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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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