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

MeNews · 2026-04-11T19:23:25+00:00

On-chain detective ZachXBT pointed out 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 mentioned that Circle has thawed some hot wallets, saying it will publish related case information.

MeNews

2026-04-11 19:23:25

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

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