USDC

“🚨JUST IN: Onchain investigator @zachxbt has released the “Circle $USDC files,” alleging $420M+ in compliance failures since 2022, including multiple cases where hacked or illicit funds were not frozen while other issuers acted faster. The report also includes the recent Drift exploit, where 232M+ USDC was bridged from Solana to Ethereum over six hours without being frozen.”