ZachXBT Slams Circle for Inaction on Ecosystem Security

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September 15, 2024
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ChainCatcher reports that on-chain detective ZachXBT has slammed stablecoin issuer Circle, accusing them of "never blacklisting addresses after DeFi exploits/hacks, despite ample time, and continuing to profit from the transactions."

ZachXBT claims Circle took four and a half months to blacklist the Lazarus Group addresses, compared to other major issuers.

"Tired of your pretend morality because you are the problem," ZachXBT asserted.

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