Circle Faces Criminal Charges in Wisconsin for Refusing to Freeze Stolen USDC Funds
2026-07-09 19:18

Woofun AI reports that Wisconsin prosecutors have filed criminal charges against Circle, alleging the company failed to comply with court orders to freeze or recover stolen USDC belonging to fraud victims. An investigation by the International Consortium of Investigative Journalists indicates that law enforcement agencies in Wisconsin and New York accused Circle of refusing assistance in these matters. Circle maintains that the accusations are unfounded, asserting it lacks the technical capability to execute such orders and that the courts lack jurisdiction over the case.

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