‘The Circle USDC Files’: ZachXBT Finds $420M In Suspect Transactions, Weak Oversight
On-chain investigator ZachXBT has revealed a brand new report, titled “The Circle USDC Files,” alleging greater than $420 million in compliance failures tied to the corporate’s USDC stablecoin since 2022. The evaluation, launched on social media platform X on Friday, chronicles a number of high‑profile decentralized finance (DeFi) exploits wherein Circle allegedly failed to make…
