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Circle Freeze on Zama's Confidential USDC Locks $12.6M of User Funds in DeFi 'Crossfire'

A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in the pooled contract is locked out alongside the targeted funds.
Circle Freeze on Zama's Confidential USDC Locks $12.6M of User Funds in DeFi 'Crossfire'

A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in the pooled contract is locked out alongside the targeted funds.

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