Defi
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
CoinDesk·September 25, 2026·1 min read
Circle and Tether blacklisted a wallet holding about $318,000 in USDT and USDC after a massive Bitget crypto heist. Most of the stolen funds remain in ether, which cannot be frozen, limiting recovery efforts. The move highlights the limits of stablecoin issuer intervention in theft cases.
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