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Circle freezes $100K USDC linked to Bitget theft; $218K USDT remains unfrozen.

Market News
25 Sep 2026
Tokenpost
View Source
Bearish
Circle freezes $100K USDC linked to Bitget theft; $218K USDT remains unfrozen.

Circle froze 100,000 USDC tokens held at a crypto address connected to stolen funds from a Bitget hack. The same address also holds 218,000 USDT tokens, which remain unfrozen as of the latest update. The USDC funds were idle for over two and a half hours before Circle took action to freeze them. Tether, the issuer of USDT, has not responded or taken similar action on the USDT tokens as of the report time. This move highlights ongoing efforts to control stolen crypto assets but also shows differing responses from stablecoin issuers.

Tether's USDT maintains a market cap of Rp3.291,83 trillion and a 24-hour trading volume of Rp1.450,57 trillion on Pluang as of Sep 25, 2026 19:23 WIB. Despite the Bitget hack-related USDC freeze, USDT tokens linked to the same address remain unfrozen, with USDT showing a slight 1-day price increase of 0.12%. Pluang users show a 73% sell order activity and typically hold USDT for 88 days, reflecting steady engagement with the stablecoin.

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