Gate News Report, March 26: According to ZachXBT, Circle froze USDC balances in 16 business-related hot wallets yesterday (March 25). The company stated that this action is related to a U.S. civil case with undisclosed details. ZachXBT said that after reviewing on-chain data, these addresses are involved with exchanges, entertainment, and foreign exchange businesses, with no obvious connections between them. The freeze has impacted the operations of the related businesses.
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