coin-img-ETHETH-0.81%coin-img-BTCBTC-0.15%coin-img-SOLSOL+1.20%coin-img-XAUTXAUT-0.32%coin-img-PAXGPAXG-0.33%coin-img-BASEDBASED-15.39%coin-img-CDDCDD-39.89%coin-img-XRPXRP+0.35%coin-img-ETHETH-0.81%coin-img-BTCBTC-0.15%coin-img-SOLSOL+1.20%coin-img-XAUTXAUT-0.32%coin-img-PAXGPAXG-0.33%coin-img-BASEDBASED-15.39%coin-img-CDDCDD-39.89%coin-img-XRPXRP+0.35%coin-img-ETHETH-0.81%coin-img-BTCBTC-0.15%coin-img-SOLSOL+1.20%coin-img-XAUTXAUT-0.32%coin-img-PAXGPAXG-0.33%coin-img-BASEDBASED-15.39%coin-img-CDDCDD-39.89%coin-img-XRPXRP+0.35%coin-img-ETHETH-0.81%coin-img-BTCBTC-0.15%coin-img-SOLSOL+1.20%coin-img-XAUTXAUT-0.32%coin-img-PAXGPAXG-0.33%coin-img-BASEDBASED-15.39%coin-img-CDDCDD-39.89%coin-img-XRPXRP+0.35%
user-avatar
Adewale Olarinde

ZachXBT alleges $420m USDC compliance gaps since 2022, questions Circle response

An on-chain report from ZachXBT alleges more than $420m in USDC-related compliance lapses tied to illicit flows since 2022. Shared on 3 April, it cites cases where funds were not frozen or were frozen only after delays, including activity linked to the $280m Drift Protocol exploit.
USDC
USDC+0.00%
SOL
SOL+1.25%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stablecoin