Wu Blockchain (@WuBlockchain): ICIJ: Circle Faces Criminal Complaint in Wisconsin Over Refusal to Recover Scam Victim Funds
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- USDC-50Negative
ICIJ: Circle Faces Criminal Complaint in Wisconsin Over Refusal to Recover Scam Victim Funds An ICIJ investigation reported that law enforcement authorities in Wisconsin and New York accused Circle of refusing to assist in freezing or recovering scam victims’ USDC. Wisconsin prosecutors have filed a criminal complaint against Circle, alleging the company failed to comply with a court order to recover stolen assets. Circle called the complaint meritless, arguing it lacked the technical ability to comply and that the court lacked jurisdiction.