The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachX
Technical Analysis
🚨 Circle locks $12.6M in USDC for Zama! 🚨
$12.6M in USDC has been frozen, linked to privacy tech Zama.
Onchain analyst ZachX reveals the funds are tied to an unrelated civil court case.
How will this impact Zama & DeFi? 🤔
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