2 days ago
ZachXBT: Circle Freezes Zama's Confidential USDC Contract, Trapping $12.6M in User Funds
> According to ZachXBT, Circle blacklisted Zama's Confidential USDC (cUSDC) contract on Ethereum, freezing $12.6M in user funds, apparently without notifying the Zama team in what appears to be collateral damage from a US civil case involving Overnight Finance, which had deposited $12.4M USDC into Zama on May 11.👇
Source: Investigations by ZachXBT
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〽️ Crypto Pulse 👉 @degendaoinfo #crypto
> According to ZachXBT, Circle blacklisted Zama's Confidential USDC (cUSDC) contract on Ethereum, freezing $12.6M in user funds, apparently without notifying the Zama team in what appears to be collateral damage from a US civil case involving Overnight Finance, which had deposited $12.4M USDC into Zama on May 11.👇
Source: Investigations by ZachXBT
_
〽️ Crypto Pulse 👉 @degendaoinfo #crypto
