🚨 Circle faces legal heat over frozen USDC.


🇺🇸 Wisconsin prosecutors accuse Circle of refusing to comply with a court order to reissue 381K USDC seized from an alleged investment scam so the victim could be reimbursed.
Circle says it lacked both the legal obligation and technical ability to fulfil the request.
⚖️ The case could set a major precedent for how far stablecoin issuers must go in helping law enforcement recover stolen crypto.
CRCL4.90%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned