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

MeNews · 2026-04-11T22:57:55+00:00

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

MeNews

2026-04-11 22:57:55

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ME News report: On April 2 (UTC+8), on-chain investigator ZachXBT tweeted that Circle was slow to respond during the Drift attack incident. Millions of USDC were transferred from Solana to Ethereum via CCTP and remained unfrozen for hours, allowing the funds to be transferred smoothly.

Earlier, Foresight News reported that on-chain investigator ZachXBT tweeted that Circle unthawed ckUSDC (Dfinity 桥) 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 previously mentioned have already 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)

USDC-0.01%

SOL-2.28%

ETH-0.79%

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