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DOGE $0.0702 +0.77%
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BCH $205.33 +0.95%
LINK $9.47 +1.44%
HYPE $59.31 +3.89%
AAVE $86.22 +0.42%
SUI $0.6782 +0.44%
XLM $0.1583 +0.95%
ZEC $512.86 +5.42%

ZachXBT criticizes Circle for inaction on ecological security

2024-09-15 09:40:09

ChainCatcher message, on-chain detective ZachXBT posted a critique of the stablecoin USDC issuer Circle, accusing it of "never blacklisting addresses after DeFi exploits/hacks, despite having ample time, while continuing to profit from the trades."

ZachXBT stated that, compared to other major issuers, Circle took four and a half months to blacklist the hacker group Lazarus Group's address.

ZachXBT said, "I’m tired of your hypocritical moral posturing because you are the root of the problem."

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