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  "path": "/circle-usdc-freeze-power-scrutiny-wallets-stolen-funds/",
  "publishedAt": "2026-04-05T12:45:56.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Featured",
    "Hacks",
    "Payments",
    "Regulation",
    "Stablecoins",
    "Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved",
    "CryptoSlate"
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  "textContent": "Circle's biggest selling point may be becoming its biggest liability. On-chain investigator ZachXBT's “Circle Files” allege that the USDC issuer has inconsistently applied its freeze powers. Circle was too slow in 15 cases involving more than $420 million in allegedly illicit funds since 2022, yet broad enough to sweep 16 operational business wallets in a […]\n\nThe post Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved appeared first on CryptoSlate.",
  "title": "Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved"
}