Delphi Digital co-founder Tommy Shaughnessy criticized Circle for not freezing USDC transfers during the Drift attack, accusing it of allowing funds to move freely. On-chain detective ZachXBT stated that millions of USDC were transferred from Solana to Ethereum via CCTP over several hours during the attack without being frozen.
Delphi Digital Co-Founder Criticizes Circle for Not Freezing USDC During Drift Attack
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Summary
Delphi Digital co-founder Tommy Shaughnessy criticized Circle for not freezing USDC during the Drift attack, accusing the stablecoin issuer of permitting unrestricted transfers. Chain analyst ZachXBT noted that millions of USDC were transferred via CCTP from Solana to Ethereum and remained unfrozen for hours. The incident has ignited renewed discussion in digital asset news, with observers questioning stablecoin governance. Meanwhile, digital collectibles news remains a distinct but growing segment within the broader crypto market.
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