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Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved​

Crypto news Canada

​Circle’s biggest selling point may be becoming its biggest liability. On-chain investigator ZachXBT’s “Circle Files” allege that the USDC issuer has inconsistently applied its freeze powers. Circle was too slow in 15 cases involving more than $420 million in allegedly illicit funds since 2022, yet broad enough to sweep 16 operational business wallets in a
The post Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved appeared first on CryptoSlate. 

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