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Circle and Tether Act to Freeze Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the wake of one of the most high‑profile cryptocurrency thefts of the year, two of the world’s leading stablecoin issuers, Circle and Tether, have taken decisive action to curb the further movement of illicit funds. The perpetrators behind the Bitget exchange hack managed to siphon a substantial amount of digital assets, including roughly $318,000 worth of USDT (Tether) and USDC (Circle’s stab…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Immobilize Hacker Wallet Following Large-Scale Bitget Crypto Theft
In the wake of one of the most audacious cryptocurrency robberies of recent years, 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 freeze a digital wallet believed to belong to the perpetrators of the Bitget hack. The move marks a rare instance of private‑sector actors intervening directly in a…
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 cryptocurrency exchange Bitget, two of the world’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the creator of USDT—have taken decisive action to impede the thief’s ability to liquidate a portion of the stolen assets. By blacklisting a specific blockchain address that was identified as holding approximatel…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Major Bitget Crypto Theft
In the wake of one of the most significant cryptocurrency robberies of the year, two of the industry’s most influential stablecoin issuers—Circle, the creator of USDC, and Tether, the operator of USDT—have taken decisive action to curb the flow of stolen funds. The incident in question involves the Bitget exchange, a platform that suffered a massive breach resulting in the loss of millions of dol…
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 high‑profile heist that targeted the Bitget cryptocurrency exchange, two of the world’s most influential stablecoin issuers—Circle, the company behind USDC, and Tether, the issuer of USDT—have taken decisive action to impede the thief’s ability to liquidate a portion of the stolen assets. By blacklisting the address that contains roughly $318,000 worth of their respective stablec…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Immobilize Hacker Wallet Following Large-Scale 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 block a wallet that appears to belong to the perpetrators of the heist. The move marks a rare instance of coordinated action by stablecoin issuers to curtail the flow of illicit funds, highlighting both the growing sophis…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Large-Scale Bitget Crypto Theft
In the aftermath of the dramatic Bitget robbery that saw a hacker siphon off a substantial amount of digital assets, two of the 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 funds. Their joint effort centres on blacklisting a specific wallet address that currently holds approx…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Move to Lock Down Hacker’s Wallet Following Large Bitget Cryptocurrency Robbery
In the wake of a dramatic theft that rattled the cryptocurrency exchange Bitget, two of the most prominent stablecoin issuers—Circle, the creator of USDC, and Tether, the operator of USDT—have taken coordinated action to try to stem the flow of stolen funds. Their strategy centers on blacklisting a specific wallet that was identified as a primary repository for the illicit proceeds, a move that e…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether Act to Freeze Hacker's Wallet Following Large-Scale Bitget Crypto Theft
In a decisive move that underscores the growing responsibility of stablecoin issuers in the fight against cryptocurrency crime, Circle and Tether have jointly taken steps to freeze a digital wallet linked to a massive theft from the Bitget exchange. The coordinated effort came after investigators traced a portion of the stolen assets—approximately $318,000 in a combination of USDT (Tether) and US…
Sept. 25, 2026, 2:41 p.m.
Markets
Circle and Tether intervene to lock down hacker's wallet following large Bitget crypto robbery
In the wake of one of the most audacious cryptocurrency thefts of the year, two of the sector’s most influential stable‑coin issuers, Circle and Tether, have taken decisive action to curtail the further movement of stolen funds. The incident in question involves a massive heist at Bitget, a prominent crypto exchange, where attackers managed to siphon off a substantial amount of digital assets. Wh…
Sept. 25, 2026, 2:41 p.m.