TechFlow reports, on-chain investigator ZachXBT has criticized stablecoin issuer Circle and its CEO Jeremy Allaire, accusing them of never conducting blacklist operations after DeFi exploits/hacks, despite having sufficient time, while continuing to profit from transactions.
ZachXBT stated that compared to other major issuers, Circle took as long as four and a half months to blacklist addresses linked to the hacker group Lazarus Group. He added, "I'm tired of your fake moral statements because you are the root of the problem."
Previous report, four stablecoin issuers have blacklisted two addresses associated with Lazarus Group, which held $4.96 million. Another $1.65 million was frozen across various exchanges, bringing the total amount frozen in this investigation to $6.98 million.
