BitGo freezes USD1 at address linked to stolen funds
BitGo, the exclusive issuer and reserve custodian for the USD1 stablecoin, has frozen USD1 tokens at a single address linked to stolen funds. The custodian stated no security issue was found on its end, and the freeze is temporary, with provisions for draining or reallocating frozen balances on certain chains.
- Estimated loss
- $1
- Protocols
- USD1
- Confidence
- High
- First seen
- 29 Oct 2026, 22:30 UTC