PANews reported on October 14th that Circle, according to ZachXBT, has placed a precautionary freeze on four EVM addresses, claiming the funds originated from a Coinbase-related theft. However, these addresses held Dai, not USDC, allowing the hackers to circumvent the freeze by transferring and converting Dai to USDC. Bitrace and MistTrack are involved in intelligence and tracking.
Circle implements a “precautionary freeze” on four EVM addresses
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