ZachXBT Slams Circle for Freezing Hacker Funds: This Is the Most Useless Freeze Operation I've Ever Seen

BlockBeats News, October 14th, Bitrace disclosed that Circle recently took preventive freezing measures on 4 EVM addresses. Intelligence shows that the funds in these addresses were related to a theft incident involving Coinbase, where the attacker made a huge profit by purchasing ETH.

On-chain sleuth ZachXBT commented on this incident, stating, "I can only say, this is probably one of the most useless freeze operations I've ever seen:

· Warning the hacker in advance that they will try to freeze these addresses later
· The frozen addresses hold DAI instead of USDC
· The hacker only needs to transfer the DAI to a new address and then convert it to USDC."

Source

Correction/Report

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