Post by Augustine Chiagozie (@pabloexchange)

⚠️ Circle CEO Allaire defends decision not to freeze USDC in Drift exploit, citing 'moral quandary'

Circle CEO Jeremy Allaire said that Circle has a "very clear performance obligation" under the law, and launching actions on private situations could become a "significant moral quandary".

🔄 Earlier: $280M exploit.

⚠️ Circle CEO Allaire defends decision not to freeze USDC in Drift exploit, citing 'moral quandary'...

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