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Circle defended $49 million Heka platform ban, citing USDC to USDT move during SVB crisis

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🚨 Court upholds Circle's $49 million ban on Heka over USDC to $USDT trades during SVB crisis.
🪙 Heka lost access to Circle and paid legal fees after redemption activities favored Tether.
💡 Circle claimed the move protected USDC against market manipulation.
🌍 The battle between top stablecoins heats up as regulatory scrutiny increases.

Continue Reading:Circle defended $49 million Heka platform ban, citing USDC to USDT move during SVB crisis

The post Circle defended $49 million Heka platform ban, citing USDC to USDT move during SVB crisis appeared first on COINTURK NEWS.

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