๐ ZachXBT Compiles and Exposes All of Circleโs $420 Million Compliance Failures from 2022โ2026 ZachXBT has been aggressively attacking Circle recently, but did you know that even to this day, there has been no action, not even a single comment, regarding the USDC in the Drift hacking incident? ๐ฑ (April 2, 2026) Current status of Circle, receiving heavy criticism over the Drift incident. Let's cut Tether in half. Still silent even after this incident. ZachXBT got pissed off too, so they compiled and exposed every instance from 2022 until now where Circle failed to comply with regulations and prevent hacking losses. They left over $420 million worth of funds completely untouched due to regulatory compliance failures and hacking damages. ๐ฑ Original Tweet You can see just how incompetently Circle has responded to a wide variety of hacking incidents. What is even more chilling is... Out of 15 cases, there has been absolutely no action, response, or comment for 12 of them to date. Lol. As a centralized stablecoin, they receive US listings and institutional investment, yet when users use it, it offers zero protectionโlike a decentralized stablecoinโis USDC. With zero protection, and censorship and freezing at their own whim, if they don't take any action when user funds are at risk, what is the use of the name "centralized stablecoin"? ๐ฑ (2025.04.23) Tether's Plasma vs. Circle's CPN - I am rooting for Tether and Plasma ๐ฑ (2026.03.08) Tether investing in Bitcoin, and the Alphano Circle ๐ฑ (2026.03.26) Institution-oriented Circle (USDC) vs. Retail-focused Tether (USDT) Hearts and likes are a great source of strength for BQ Content ๐คฉ #Circle #USDC #Stablecoin
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