🚨 CIRCLE & TETHER FREEZE $318K LINKED TO BITGET HACK
According to CoinDesk, Circle and Tether have blacklisted an address labeled “Bitget Exploiter 8,” freezing:
• 218,023 USDT
• 99,990 USDC
• Around $318,000 in total
Circle took action at 05:00 UTC on September 25, and MistTrack later confirmed that Tether had also blacklisted the address.
However, the frozen funds represent only a very small portion of the total stolen assets.
MistTrack data shows that other addresses linked to the attacker still hold more than 63,000 ETH, which stablecoin issuers like Circle and Tether cannot freeze.
Another example of how stablecoins can be frozen or controlled by their issuers, while decentralized assets like ETH cannot be frozen in the same way.