Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In a decisive move that underscores the growing responsibility that stablecoin issuers are assuming in the fight against cryptocurrency crime, both Circle, the company behind the USDC stablecoin, and Tether, the issuer of USDT, have taken coordinated steps to freeze a digital wallet that was identified as part of a massive heist targeting the Bitget exchange. The incident, which has rattled the c…
Sept. 25, 2026, 2:41 p.m.