Court Order Forces Circle to Freeze $12.6 Million in Zama’s Confidential USDC Contract, Locking Unrelated Users’ Funds
Unchained·Jun 1, 2026·3 sources
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Court Order Forces Circle to Freeze $12.6 Million in Zama’s Confidential USDC Contract, Locking Unrelated Users’ Funds
Unchained
Jun 1, 2026
Our mission is compliant privacy. https://news.bitcoin.com/zama-users-lose-access-to-12-6m-usdc-after-circle-executes-court-ordered-blacklist/
@goheesheng
Jun 1, 2026
Yikes! A court just froze $12.6M in USDC, and unrelated users in the same pool got locked out of their own funds. The freeze hit a shared contract, so people who had nothing to do with the legal dispute lost access to their money just because of who they happened to share a pool with. The bitter p
@MilkRoad
Jun 1, 2026



