Circle implements "preventive freezing" on 4 EVM addresses
Oct 14, 2025 20:39:03
ChainCatcher news, according to ZachXBT, Circle has implemented "preventive freezes" on 4 EVM addresses, claiming that their funds are sourced from a Coinbase-related theft; however, the aforementioned addresses hold DAI instead of USDC, allowing hackers to transfer DAI and exchange it for USDC to evade the freeze.
Bitrace and MistTrack are involved in intelligence and tracking.
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