Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions

Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCircle CEO says he won’t freeze USDC without a court order even as hackers walk away with millionsCircle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action.By Oliver Knight|Edited by Sheldon Reback Apr 13, 2026, 3:37 p.m. Make preferred on Jeremy Allaire, co-founder, chairman and CEO of Circle (HK Fintech Week)What to know: Jeremy Allaire said Circle freezes USDC wallets only when directed by law enforcement or courts, not in real time during hacks.Critics including ZachXBT claim delays have allowed over $420 million in illicit funds to escape since 2022.Some experts argue faster freezes would undermine DeFi by giving stablecoin issuers too much discretionary power.C

Source: https://www.coindesk.com/business/2026/04/13/circle-ceo-says-he-won-t-freeze-usdc-without-a-court-order-even-as-hackers-walk-away-with-millions