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Blockchain investigator ZachXBT alleged that Circle has recorded over $420M in compliance failures since 2022, citing multiple incidents involving large USDC flows not frozen in time, including: ~$232M USDC bridged during the Drift Protocol exploit, $3M USDC in the SwapNet hack, $61M USDC in the Cet

Blockchain investigator ZachXBT alleged that Circle has recorded over $420M in compliance failures since 2022, citing multiple incidents involving large USDC flows not frozen in time, including: ~$232M USDC bridged during the Drift Protocol exploit, $3M USDC in the SwapNet hack, $61M USDC in the Cet
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