After exploits at avax, as part of our incident response procedures, we’d help projects to reach out to centralized stablecoin issuers to freeze hacked funds
Tether would always help when there was sufficient evidence. Circle? Never, not once.
Idk why we even bothered tbh

ZachXBT
@zachxbt
1/ Welcome to the Circle $USDC files.
$420M+ in alleged compliance failures since 2022, including fifteen cases of the US-regulated stablecoin issuer taking minimal action against illicit funds.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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