Implications of Circle’s $57M USDC Freeze in the LIBRA Token Scandal

Tekedia | 30-05-2025 07:51am |

Circle, the issuer of USD Coin (USDC), froze approximately $57.65 million in USDC held in two Solana-based wallets linked to the LIBRA memecoin scandal. The freeze was executed following a temporary restraining order issued by a federal court in the Southern District of New York, prompted by Burwick Law, which is representing hundreds of LIBRA [...]The post Implications of Circle’s $57M USDC Freeze in the LIBRA Token Scandal appeared first on Tekedia.

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