‘Most Incompetent Freeze:’ ZachXBT Slams Circle as Wallet Ban Begins to Unravel

Stablecoin issuer Circle has unfrozen the USDC balance in one of the 16 wallets it targeted in a controversial enforcement move earlier this week, according to ZachXBT. In the latest update, the on-chain investigator identified the address “0x61f…e543,” linked to Goated.com, as having regained access to its funds. The wallet currently holds around 130,966 USDC, based on data from Arkham. He added that oth…