{"id":574186,"date":"2026-03-25T22:53:17","date_gmt":"2026-03-25T22:53:17","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/25\/zachxbt-claims-circle-wrongfully-freezing-exchange-wallets\/"},"modified":"2026-03-25T22:53:17","modified_gmt":"2026-03-25T22:53:17","slug":"zachxbt-claims-circle-wrongfully-freezing-exchange-wallets","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/25\/zachxbt-claims-circle-wrongfully-freezing-exchange-wallets\/","title":{"rendered":"ZachXBT claims Circle wrongfully freezing exchange wallets"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5ZDI2ZjYtMjMxNC03ODljLTgzYTItY2QzYTdkZDA5YjdhLmpwZw==.jpg\" alt=\"ZachXBT claims Circle wrongfully freezing exchange wallets\" class=\"type:primaryImage\" \/><\/p>\n<p>The stablecoin issuer was accused of freezing 16 hot wallets linked to operating businesses, including crypto exchanges and online casinos.<\/p>\n<p>Stablecoin issuer Circle, the company behind the USDC (<a title=\"https:\/\/cointelegraph.com\/usdc-price-index\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\">USDC<\/a>) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and security researcher ZachXBT.<\/p>\n<p>The wallets in question belonged to crypto exchanges, online casinos and foreign currency exchange businesses, which \u201cdo not appear related at all,\u201d ZachXBT <a title=\"https:\/\/t.me\/investigations\/304\" href=\"https:\/\/t.me\/investigations\/304\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a>.\u00a0<\/p>\n<p>\u201cAn analyst with basic tools could have identified, within minutes, that these were operational business wallets from the thousands of transactions they process,\u201d he said<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/zachxbt-claims-circle-wrongfully-freezing-exchange-wallets\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The stablecoin issuer was accused of freezing 16 hot wallets linked to operating businesses, including crypto exchanges and online casinos. Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and security researcher ZachXBT. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":574187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-574186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/574186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=574186"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/574186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/574187"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=574186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=574186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=574186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}