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📰 【Circle Faces Class-Action Lawsuit Over $285 Million Drift Protocol Hack】
Lawyers allege that Circle failed to freeze the stolen USDC within the eight-hour window during the hacker's transfer of funds from the attacked trading platform.
Fuck! $USDC This move is really reckless! Watching the hacker move money during the eight-hour window—compliance is more fragile than paper! We've been shouting about on-chain asset security for so many years, and in the end, centralized fallback mechanisms are still just decorations. Do they really think retail investors don’t need to be watered? 👇👇👇👇👇