Circle won't freeze stolen USDC without court order, CEO points out

Circle Internet CRCL CEO Jeremy Allaire said the company only freezes USDC wallets when law enforcement or courts direct it ...
Stocktwits on MSN

Circle CEO warns of ‘moral quandary’ in companies freezing crypto assets – pushes for ‘safe harbor’ in CLARITY Act

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, ...
BeInCrypto

Circle Explains Why It Didn’t Freeze Stolen USDC in the $275 Million Drift Hack

Circle's Dante Disparte defended USDC freeze powers after the $270M Drift Protocol exploit, calling for shared accountability.
Crypto Briefing

Circle CEO defends USDC freeze policy as criticism grows after Drift exploit

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

Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC

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