Circle Sued for Failing to Freeze $230M in USDC After Drift Hack

The post Circle Sued for Failing to Freeze $230M in USDC After Drift Hack appeared first on Coinpedia Fintech News Circle has been hit with a class-action lawsuit in Massachusetts alleging it failed to freeze nearly $230 million in USDC linked to the April 1 Drift Protocol breach, in which about $280 million was stolen. The complaint claims the funds were transferred across chains for hours without being frozen, even though Circle reportedly had the …