ZachXBT questions Circle's freezing of 16 business hot wallet USDC accounts
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PANews, March 24 — According to ZachXBT, Circle froze USDC balances in 16 hot wallets related to crypto businesses the previous night. The affected parties stated this was due to a U.S. civil case whose details have not yet been disclosed. ZachXBT noted that these addresses appear to belong to exchange, casino, and forex platform operational wallets, with no apparent direct connection between them. This action has already impacted the operations of the associated businesses.
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