Updated 17 April 2026 at 12:32CoinCex editorial review
Circle Faces Class Action Suit Following $285 Million Drift Protocol Exploit
#Law and Order
A filed lawsuit claims Circle had roughly eight hours to freeze stolen USDC but did not act, allowing attackers to shift funds from the compromised trading venue.
Lawyers allege Circle failed to freeze stolen USDC during an eight-hour window as hackers moved funds from the exploited trading platform.
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