
NEW: Circle CEO Jeremy Allaire on online criticism of not freezing USDC in defi exploits "Circle follows the rule of law, and we are able to undertake actions such as freezing a wallet at the direction of law enforcement or the courts." Allaire added that a private company should not get to decide which wallets they freeze, as it could lead to “significant moral quandary” @circle and @jerallaire faced harsh criticism from the likes of @zachxbt when it did not freeze USDC stolen from Drift protocol, but froze other wallets seemingly connected to less urgent situations.
