Circle This move is ruthless—$12.6 million can be frozen instantly; when it comes to compliance, privacy agreements are just the younger sibling.

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WuSaidBlockchainW
Wu Shuo learned that, according to on-chain detective ZachXBT disclosure, about 7 hours ago, Circle may have blacklisted the confidential USDC (cUSDC) contract address of the privacy protocol Zama on the Ethereum network.
This move has resulted in user funds worth $12.6 million within that contract being frozen.
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