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Circle Faces Lawsuit After Drift Exploit Over Claims It Took No Action to Freeze the Funds

Circle Faces Lawsuit After Drift Exploit as Claims It Took No Action to Freeze the FundsCrypto infrastructure providers are under rising pressure as a new lawsuit tests whether technical control can bring legal responsibility after a major hack. The case against Circle could influence how courts treat stablecoin and bridge operators during active breaches. Key Takeaways: Circle faces claims it failed to freeze stolen USDC after the Drift Protocol exploit. […]

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