In a first, the CENTRE Consortium has blacklisted an Ethereum address holding $100K USDC stablecoin in response to a law enforcement request
The CENTRE Consortium blacklisted a USDC address in response to a law enforcement request, freezing $100,000 worth of the stablecoin, a spokesperson said Wednesday.
CoinDesk Nikhilesh De
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Discussion
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@coindesk
@coindesk
on x
LATEST: @centre_io froze $100,000 in $USDC in response to a request from law enforcement, the group told CoinDesk. @nikhileshde reports https://www.coindesk.com/...
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@sthenc
Stephen Cole
on x
USDC: decentralized, minus the part about a small group of people being able to take anyone's money. https://twitter.com/...
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@mrhodl
Mr.Hodl
on x
Sooner or later this will happen to all stablecoins. I bet Tether will be the last one standing. https://twitter.com/...
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@aaronwstanley
Aaron Stanley
on x
Bitcoin doesn't respond to requests from law enforcement https://twitter.com/...
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@iamnomad
I.Am.Nomad
on x
That what their supposed to do per the TOS https://twitter.com/...
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@psychedelicbart
@psychedelicbart
on x
If you use $USDC (a backdoored stablecoin), you should really slap yourself. https://twitter.com/...
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@jp_koning
John Paul Koning
on x
We know that Tether has blacklisted 16 stablecoin addresses: https://medium.com/... Now the first USDC stablecoins have been frozen: https://www.theblockcrypto.com/ ... https://twitter.com/...
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@theblock__
@theblock__
on x
ICYMI: In a first of its kind, an Ethereum address holding 100,000 USDC stablecoin has been blacklisted. https://www.theblockcrypto.com/ ...
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@ourielohayon
Ouriel Ohayon
on x
May look bad but 1. USDC still has to respect the law and can't be blamed 2. A smart contract *can* be frozen (even without court order) 3. If you are a criminal trying to avoid risks, Bitcoin or even better cash may be a better option. https://twitter.com/...
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@paul_btc
Paul
on x
permissioned stablecoins will never pass tether. To win USDT you need to 10x the guarantees not go backwards https://twitter.com/...