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Circle Freezes Another Approximately 211,000 USDC Linked to Bitget Hack

BlockBeats news, September 29: On-chain investigator tanuki42 stated that, in coordination with Circle, another batch of approximately $211,000 in USDC linked to the stolen Bitget funds has been frozen. The money launderers attempted to move funds between EVM and Noble via CCTP, but due to the bridging cap on the Noble side, one of the transfers became stuck on the bridge pending processing. The team exploited the window before the cap reset to push Circle to blacklist the target address, preventing the transfer from completing settlement. Currently, approximately $211,000 is stranded between Noble and Ethereum, and recovery may be sought through legal proceedings in the future.

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