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Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist
Circle froze $12.6M USDC in Zama's cUSDC contract May 30 after a federal court order tied to an Overnight Finance civil lawsuit.
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cryptobriefing.com
Circle freezes Zama's USDC contract, locking $13M amid rug pull allegations
Circle blacklisted Zama's cUSDC smart contract on Ethereum, freezing $12.6M in USDC linked to Overnight Finance rug pull allegations.
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theblock.co
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.
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news.bitcoin.com
Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist
Circle froze $12.6M USDC in Zama's cUSDC contract May 30 after a federal court order tied to an Overnight Finance civil lawsuit.
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thedefiant.io
Circle Freeze on Zama's Confidential USDC Locks $12.6M of User Funds in DeFi 'Crossfire' - "The Defiant"
A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant — but every depositor in the pooled contract…
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cointelegraph.com
Circle Freezes $12.6M in Stablecoins Linked to Zama Without Prior Notice: ZachXBT
Stablecoin issuer Circle has frozen $12.6 million in stablecoins linked to the Zama privacy protocol, a decision that was criticized by onchain analyst ZachXBT.