Circle and Tether have frozen stablecoins in a wallet linked to Thursday's $351.6 million Bitget hack, though the amount is a small fraction of the total, according to CoinDesk. On-chain data shows Circle blacklisted the address — labeled "Bitget Exploiter 8" on Etherscan — at 05:00 UTC Friday. The wallet holds about 170.47 ETH, 218,023 USDT and 99,990 USDC, and blockchain security firm MistTrack said Tether has since banned it too. That leaves roughly $318,000 in stablecoins stuck, while MistTrack's tracker shows other exploiter addresses still holding more than 63,000 ETH, which no issuer can freeze.
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