ZachXBT: Circle Still Hasn't Frozen $9 million USDC Stolen from GMX

On-chain investigator ZachXBT posted an article criticizing Circle for its inaction against hacking. After the $GMX V1 platform suffered a $40.00 million hack, the stolen funds remained on the blockchain for 1-2 hours, but Circle still did not freeze more than 9.00 million USDC. These funds have been bridged from Arbitrum to the Ethereum network via CCTP. [Foresight News]