THE DEBATE: Circle's controversial $USDC wallet freeze is unraveling after the firm restored access for one of the 16 targeted addresses. On-chain investigator @zachxbt is blasting the move, calling it potentially "the single most incompetent freeze" he's seen and a result of outsourcing decisions without due process. The lack of transparency over a sealed US civil case is now fueling intense scrutiny over potential overreach and the risk posed to legitimate businesses.
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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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