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BitGo freezes USD1 at address linked to stolen funds

Crypto Briefing·October 29, 2026·1 min read
BitGo freezes USD1 at address linked to stolen funds

BitGo has frozen USD1 at an address linked to stolen funds, highlighting the centralized control in stablecoins. The move raises questions about security, compliance, and future operational shifts in the stablecoin ecosystem, as issuers and custodians exercise increasing authority over asset flows.

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