Circle Freezes $800M in USDC Tied to Binance Security Incident, Shares Down

Circle Internet Group (CRCL) CEO Jeremy Allaire said the company was closely tracking reports of a potential exploit involving Binance. Circle shares were down 5.6% in after-hours trading. - "In coordination with law enforcement, we have frozen more than 800M USDC associat

Circle Internet Group (CRCL) CEO Jeremy Allaire said the company was closely tracking reports of a potential exploit involving Binance.

Circle shares were down 5.6% in after-hours trading. – “In coordination with law enforcement, we have frozen more than 800M USDC associated with

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