Tether Reportedly Freezes Bitget Hacker Address Holding 218,000 USDT

According to community monitoring cited by PANews, both Circle and Tether have responded to the Bitget hack by freezing funds. As of 13:00 UTC+8 on September 25, Circle had frozen about 100,000 USDC, and at 20:19 UTC+8 Tether froze a further 218,022.966977 USDT tied to address 0xe07b…7d57. Monitoring shows the attacker converts stolen TRX into USDT in batches, typically holding funds at a controlled address for only about 1 to 8 minutes before routing them through Stargate or directly into THORChain to convert into BTC, leaving Tether a short window to freeze the funds. The rest of the stolen funds have already been converted to BTC or are mainly held as ETH, DAI and XRP, which their issuers cannot freeze directly; funds that later reach centralized exchanges, custodians or still-traceable cross-chain services could still be intercepted through platform cooperation and legal or law-enforcement action.