Circle and Tether Freeze $318,000 Linked to Bitget Hack
According to CoinDesk, Circle and Tether blacklisted an address labeled "Bitget Exploiter 8," freezing 218,023 USDT and 99,990 USDC, worth approximately $318,000 combined. Circle took action at 05:00 UTC on September 25, and MistTrack later confirmed that Tether had also blacklisted the address. The frozen funds represent only a small fraction of the stolen assets. MistTrack data shows that other attacker-linked addresses still hold more than 63,000 ETH, which stablecoin issuers cannot freeze.