Published Social post

Zama (@zama): Circle's compliance system flagged an external depositor's wallet. Because that wallet held funds in the cUSDC contract, the entire contract was swept…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Circle's compliance system flagged an external depositor's wallet. Because that wallet held funds in the cUSDC contract, the entire contract was swept into a standard holding freeze. This is collateral damage, not a sanction against the Zama Protocol. Our legal team is already engaged to isolate the flagged address and restore access for all unaffected participants as quickly as possible.

Back to news archive