Circle clarifies it freezes USDC only under legal compulsion after the $285M Drift exploit, urging Congress to pass the ...

Circle's CEO Jeremy Allaire warned the stablecoin issuer will not freeze USDC without a court order or an active process.

Circle CEO Jeremy Allaire says USDC freezes require legal orders, defending the firm’s response to criticism after the Drift ...

Jeremy Allaire claims that unilateral intervention poses a moral quandary, yet wants liability carveouts that shield ...

Circle faces backlash after refusing to freeze USDC in a Drift exploit, raising concerns over stablecoin governance and ...

During a press conference in South Korea, Circle CEO Jeremy Allaire said the company can only freeze assets when directed by law enforcement or the courts due to legal obligations. ・According to him, ...

Circle shares drop following an analyst downgrade and ongoing legal scrutiny tied to the Drift exploit, as investors weigh regulatory risks and the outlook for USDC growth.

Circle defends its response to the Drift Protocol hack, but ZachXBT pushes back, raising concerns over delayed action, ...

Last week’s massive exploit of Solana-based perpetuals exchange Drift is still sending shockwaves throughout the crypto ...

As per ZachXBT, Circle Protocol [CRCL] failed to freeze $230 million USDC from the exploit. The amount was bridged from ...

Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset ...

Drift Protocol exploit tops $285M as ZachXBT criticizes Circle response to USDC transfers during attack on Solana DeFi ...