Circle freezes Zama's cUSDC contract after Overnight Finance funds flow into privacy wrapper

Zama’s co-founder Rand Hindi, has clarified that the blacklist placed by Circle on the protocol’s contract address had nothing to do with Zama at all.  Reports show that approximately $12.6 million in user funds were locked in Zama’s confidential USDC token on Ethereum. Why was Zama’s contract frozen? Following reports that $12.6 million in user...