Circle freezes $12.6M of USDC linked to privacy protocol Zama

The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT

OttoTrader publishedMay 30, 2026, 8:38 PM

Original source timeMay 30, 2026, 7:11 PM

UpdatedMay 30, 2026, 8:38 PM

Source publicationCointelegraph

Open source article Back to Market Pulse

Brief context

The part worth checking first.

What changed

The setup

The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT Circle freezes $12.6M of USDC linked to privacy protocol Zama

Why it matters

Trader relevance

Market context around USDC can change volatility, liquidity, or sentiment. The concrete detail to watch is the $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT

Trading lens

How to use it

Use this as watchful context from cointelegraph.com. Watch whether circle freezes $12.6M of USDC linked to privacy protocol Zama confirms momentum, invalidates active bias, or changes timing.

Assets

USDC

Source: Cointelegraph on cointelegraph.com.

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