On-chain investigator ZachXBT has published a new report, titled “The Circle USDC Files,” alleging more than $420 million in compliance failures tied to the company’s USDC stablecoin since 2022.  The analysis, released on social media platform X on Friday, chronicles multiple high‑profile decentralized finance (DeFi) exploits in which Circle allegedly failed to use its on‑chain … Continue reading ‘The Circle USDC Files’: ZachXBT Finds $420M In Suspect Transactions, Weak Oversight