Bitget, a major crypto exchange, lost around $387 million in one of this year's biggest hacks — Lazarus Group is the prime suspect. Circle and Tether moved fast, freezing a linked wallet holding ~99,990
USDC and ~218,023 USDT, roughly $318,000 total.Not fast enough. The attackers had already swapped everything freezable into
ETH — an asset no issuer can touch at the contract level. Other exploiter addresses still hold 63,000+ ETH, entirely out of reach.That's 0.08% recovered. The oldest argument in crypto — how permissionless is an asset one phone call can freeze? — is back on the table.
*Via Decrypt*