Circle USDC Freeze Delays Linked to $420M in Stolen Funds, ZachXBT Says

On-chain investigator ZachXBT has released a detailed review alleging that stablecoin issuer Circle failed to act promptly in multiple cases involving stolen USDC, with more than $420 million in illicit funds reportedly affected since 2022. The findings, published in a thread titled “Circle $USDC files,” outline 15 separate incidents where the company either delayed freezing […] Read The Full Article Circle USDC Freeze Delays Linked to $420M in Stolen Funds, ZachXBT Says On Coin Edition.