ZachXBT criticizes Circle for not freezing USDC transfers in a timely manner during the Drift attack incident.

MeNews · 2026-04-11T15:33:55+00:00

On-chain detective ZachXBT said that Circle was slow to respond during the Drift attack, resulting in millions of USDC moving from Solana to Ethereum without being frozen. ZachXBT also noted that Circle has unfrozen some hot wallets and said it will publish information related to the case.

MeNews

2026-04-11 15:33:55

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ME News message. On April 2 (UTC+8), on-chain investigator ZachXBT posted on X (Twitter) that Circle was slow to respond during the Drift attack incident, and that millions of USDC transferred from Solana to Ethereum via CCTP remained unfrozen for hours, allowing the funds to be transferred smoothly. Foresight News previously reported that on-chain investigator ZachXBT posted on X (Twitter) that Circle had unthawed ckUSDC (Dfinity bridge) and two other hot wallets associated with an address starting with 0x00e a few hours ago. As of now, 5 of the 16 hot wallets he had mentioned earlier have been unfrozen. ZachXBT said that once the New York civil case is unsealed, he will publicly name the plaintiff, the experts, and all other relevant parties involved. (Source: Foresight News)

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