CRYPTO

Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist

CoinDeskFriday, September 25, 2026 at 2:41 PM

RedScroll Brief

Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist — Image via CoinDesk

The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.

RedScroll Signal

Impact: High
Category: Crypto
Market relevance: High
Why it matters: Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen. Watch liquidity and volatility around Circle and Tether — crypto markets reprice narrative risk quickly.

Read original source → COINDESK Edition 2026-09-25

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

Fri, Sep 25, 2026, 2:41 PM UTC
CoinDesk published: Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
Now
Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Circle and Tether — crypto markets reprice narrative risk quickly.

Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.