Circle and Tether freeze related stablecoins from the Bitget attack—but most of the funds have already escaped

These two stablecoin issuers have added a wallet labeled “Bitget Exploiter 8” to a blacklist, locking about $318,000 in USDC and USDT—but the attacker swapped most of the funds into ETH, an asset that cannot be frozen, before they could act.

Source: DeCrypt
🌍 Updated by GemCrypto

$ETH

#Ethereum #Crypto