I just read ZachXBT's analysis of Circle and honestly, it's quite disturbing. It basically documents how over $420 million in illicit USDC has never been frozen since 2022. That is a huge figure.

What strikes me most is the inconsistency in how these situations are handled. Let's take the case of the $232 million Drift Protocol hack. The stolen funds moved through CCTP over 6 hours during U.S. business hours. Six hours. That’s plenty of time to act.

But then you see the funds from the Lazarus group, supposedly linked to the North Korean regime, circulating for four and a half months without any action. Four and a half months.

And here’s the ironic part: when there’s a sealed civil case in New York, Circle blocked 16 legitimate business wallets within hours. Hours. The speed changed completely.

So the question ZachXBT raises is legitimate: why such quick action for the courts and such slowness for criminals? It’s a contradiction that deserves an explanation. The news about USDC remains relevant because it directly addresses how security and compliance are managed in the crypto ecosystem.