🚹 BREAKING: Circle and Tether froze the Bitget hacker's wallet — and recovered almost nothing.

Circle blacklisted 99,990 USDC on Friday morning. Tether froze 218,023 USDT hours later. Together: about 18,000 locked.

The attacker saw it coming and swapped stablecoins into ETH within minutes. Now 63,000+ stolen ETH sits in addresses no issuer can touch — because nobody can freeze Ethereum itself.

Less than 0.1% of the ~87M breach was recovered. Does the freeze button actually protect anyone? ❄

$ETH $USDT $USDC
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