$58M in USDC Frozen by Circle Over Libra Memecoin Scandal Linked to Argentine President

Circle, the issuer of the USDC stablecoin, has frozen two wallet accounts tied to the Libra memecoin scandal, halting the movement of approximately $57.6 million worth of USDC, according to blockchain intelligence platform Arkham. Arkham’s data revealed that one wallet—believed to be the Libra deployer wallet—held nearly $13 million, while another associated account contained $44.59 […]