Circle and Tether Move to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the wake of one of the most significant cryptocurrency thefts of the year, two of the world’s largest stablecoin issuers, Circle and Tether, have taken coordinated action to impede the flow of stolen funds. The incident, which centered on the Bitget exchange, saw hackers siphon an estimated $318,000 worth of USDT and USDC into a single digital wallet. In response, Circle and Tether have placed…
Sept. 25, 2026, 2:41 p.m.