Circle freezes another $211,000 in USDC tied to Bitget hack

Circle has frozen another roughly $211,000 in USDC linked to stolen Bitget funds, according to on-chain investigator tanuki42. The investigator said the funds were being moved through Circle’s Cross-Chain Transfer Protocol, or CCTP, between an EVM network and Noble. One transfer became stuck in transit because of Noble-side bridging limits, creating a narrow window before the quota reset. During that period, the team worked with Circle to blacklist the target address, preventing the transfer from settling. As a result, about $211,000 is now stranded between Noble and Ethereum. Tanuki42 said the funds may still be recoverable through legal procedures. The update points to another instance of stablecoin issuer intervention being used to block the movement of hack-related assets while they remain in an incomplete cross-chain state.