đ On-chain sleuth ZachXBT has called out USDC issuer Circle for being "greedy" and "indifferent" to crypto security concerns. He criticized Circle's delayed action in blacklisting stolen funds linked to North Korea's Lazarus Group, which allowed significant sums to be laundered. đ°
Despite Lazarus Group's notorious history, Circle took 4.5 months longer than firms like Tether to act. This delay has raised eyebrows in the crypto community, with accusations that Circle prioritized profit over security. The incident underscores the need for timely responses to safeguard the ecosystem. #CryptoNews #Blockchain