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Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the wake of a high‑profile robbery that targeted Bitget, one of the world’s prominent cryptocurrency exchanges, two of the industry’s most influential stablecoin issuers—Circle and Tether—have taken decisive steps to curtail the flow of stolen funds. The incident, which unfolded earlier this year, saw cyber‑criminals breach Bitget’s security protocols and abscond with a substantial sum of digi…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In a decisive move that underscores the growing willingness of stablecoin issuers to intervene in illicit crypto activity, both Circle, the company behind USDC, and Tether, the issuer of USDT, have taken steps to freeze a digital wallet that was identified as part of a massive theft targeting the cryptocurrency exchange Bitget. The incident, which unfolded in early 2024, saw hackers breach Bitget…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Move to Freeze Hacker’s Wallet Following Large Bitget Crypto Theft
In the wake of one of the most audacious cryptocurrency thefts of the year, two of the industry’s most influential stablecoin issuers, Circle and Tether, have taken decisive action to try and stem the flow of stolen funds. The incident centers on a massive heist that targeted Bitget, a prominent digital‑asset exchange, and resulted in the disappearance of an estimated $318,000 worth of USDT and U…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large‑Scale Bitget Crypto Theft
In a decisive move that underscores the growing collaboration between stablecoin issuers and cryptocurrency exchanges, Circle and Tether have taken steps to block a digital wallet that was identified as the repository for a substantial portion of the assets stolen in the recent Bitget hack. The coordinated effort comes after a high‑profile breach that saw attackers siphon off a large quantity of …
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In the wake of a high‑profile robbery that targeted the Bitget cryptocurrency exchange, two of the world’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken coordinated steps to immobilise a portion of the stolen digital assets. The incident, which unfolded earlier this year, saw a sophisticated hacker breach Bitget’s internal controls…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In the wake of one of the most audacious cryptocurrency thefts of the year, two of the most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to block further movement of a portion of the stolen funds. The incident in question involves a massive hack of the Bitget exchange, a platform that suffered a breach resulting in the l…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the wake of a dramatic breach that left the cryptocurrency exchange Bitget reeling, two of the most prominent issuers of stablecoins—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive steps to curb the further movement of stolen assets. Both firms announced that they have placed a blacklist on a specific digital wallet that was identified as a primary repositor…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Major Bitget Crypto Theft
In the wake of a high‑profile breach at the cryptocurrency exchange Bitget, two of the world’s most prominent stablecoin issuers, Circle and Tether, have taken decisive steps to curb the further movement of illicit funds. The incident, which shocked the digital‑asset community, involved a hacker who managed to siphon a substantial amount of cryptocurrency from Bitget’s custodial wallets. While th…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Move to Freeze Hacker Wallet Following Massive Bitget Crypto Heist
In a dramatic response to one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers, Circle and Tether, have taken coordinated steps to block a digital wallet that is believed to belong to the hackers behind the Bitget exchange robbery. The incident, which unfolded in early September, saw attackers siphon off an estimated $318,000 in stablecoins…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the aftermath of one of the most audacious cryptocurrency robberies of the year, two of the world’s most prominent stablecoin issuers, Circle and Tether, have taken decisive steps to curtail the movement of stolen funds. The incident in question involves a massive breach of the Bitget exchange, a platform that suffered a loss estimated at several hundred million dollars in digital assets. Whil…
Sept. 25, 2026, 2:41 p.m.