ZachXBT Criticizes Circle for Inaction on Hacking: Circle Still Hasn't Frozen More Than 9 million USDCs
2025-07-09 15:37:24
On-chain detective ZachXBT issued a response, slamming Circle for inaction on hacking, after the GMX V1 platform suffered a $40 million hack, the stolen funds stayed on the blockchain for 1-2 hours, Circle still has not frozen more than 9 million USDC, these funds have been bridged from Arbitrum to the Ethereum network through CCTP.
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