📌 CIRCLE & TETHER FREEZE $318K - JUST A DROP IN THE BUCKET AGAINST BITGET'S $387M HACK
Attackers exploited a flaw in Bitget's wallet backend to drain ~$387.5 million on Sept 24, but managed to swap most of it into ETH (unfreezable) before Circle and Tether could lock the wallet - leaving the two issuers able to block just $318,000, while Bitget has pledged to cover the full loss from its $464M user protection fund.
🔗 https://x.com/CryptoThreadsX/status/2103737956842492041
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Post #1364
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