ZachXBT criticizes Circle for freezing hacker funds: This is the most useless freeze operation I have ever seen
BlockBeats News, on October 14, Bitrace published an article disclosing that Circle recently implemented preventive freezing measures on four EVM addresses. Intelligence indicates that the funds in these addresses originated from a theft incident related to a certain exchange, in which the attacker made huge profits by purchasing ETH.
On-chain detective ZachXBT commented on this incident, saying, "I can only say, this is probably one of the most useless freezing operations I've ever seen:
· By warning the hacker in advance, they will try to freeze these addresses
· The frozen addresses hold DAI, not USDC
· The hacker only needs to transfer DAI to a new address and then swap it for USDC."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance

CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.

Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Hyperliquid's annualized priority fee revenue reaches $108 million

