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Bitget Security Incident Response Competition: Circle Quickly Freezes 100,000 USDC Assets at a Hacker-Related Address, Tether Yet to Take Corresponding Action

Odaily reports: On-chain analyst tanuki42 disclosed that address 0xe07 holds 100,000 USDC and 218,000 USDT originating from the initial address of stolen Bitget funds. These funds had remained dormant for over 2.5 hours, after which the analyst publicly called on Circle and Tether to freeze the assets. At around 5:00 PM, crypto researcher SomaXBT posted that Circle had already frozen the USDC assets and called on Tether to follow suit. As of press time, Tether has not yet responded.

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