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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.
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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.
