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Circle and Tether Freeze $318K in Stablecoins Tied to Bitget's Ethereum (ETH) Hack

COINOTAG·September 25, 2026·1 min read
Circle and Tether Freeze $318K in Stablecoins Tied to Bitget's Ethereum (ETH) Hack

Circle and Tether froze $318K in stablecoins linked to the Bitget Ethereum hack, but most stolen funds had already been swapped into unfreezable ETH. The freeze limits recovery options as the hacker converted assets to ETH, reducing the impact of stablecoin freezing measures on the overall theft.

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