---
title: "Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away"
url: https://thecoingazette.com/circle-and-tether-freeze-stablecoins-tied-to-bitget-hack-but-most-funds-slip-away/
date: 2026-09-25
modified: 2026-09-25
lang: en
author: "Coin Gazette Editorial"
description: "The two stablecoin issuers blacklisted a wallet labeled \"Bitget Exploiter 8,\" locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act."
categories:
  - "Coins"
word_count: 30
---

# Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away

The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.