Centre Freezes Ethereum Address Holding $100K USDC
Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request. It’s not yet clear the reason behind the law enforcement request, but Centre Consortium — founded by Circle and Coinbase — did release a statement confirming the blacklisting: “Centre can confirm it blacklisted an address in response to a request from law enforcement.
Although Circle spokesperson Josh Hawkins, said he could not provide any specifics about the blacklisting, it appears the address could be involved in other cryptocurrency theft. In the comment section of a different address, a user claims the owner of the blacklisted address stole other tokens from them: “Hello unknown thief, you are in contact with this eth address and you stole 10,000 Loopring Coin (750 euros) from my wallet.
