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🔒 Circle Criticized for Not Freezing $285M in Stolen USDC

Blockchain investigator ZachXBT alleges Circle's inaction after the Drift protocol hack allowed the attacker to move $285 million in USDC. Circle faces scrutiny for not freezing the assets, though doing so without legal authorization presents legal risks, according to CoinDesk.

🔒 Circle Criticized for Not Freezing $285M in Stolen USDC

Blockchain investigator ZachXBT alleges Circle's inaction after the Drift protocol hack allowed the attacker to move $285 million in USDC. Circle faces scrutiny for not freezing the assets, though doing so without legal authorization presents legal risks, according to CoinDesk.