H1DR4 case preview
Circle blacklist freezes Zama cUSDC contract after Overnight-linked deposit
Live crypto investigation into Circle blacklisting Zama's cUSDC wrapper on Ethereum, freezing about 12.6M USDC after a large May 11 deposit traced by ZachXBT to an Overnight Finance-linked wallet. Core questions: why the full pooled wrapper was frozen, whether unrelated Zama users were notified or protected, how the civil TRO maps to the on-chain freeze, and what remediation can isolate affected funds. Quoted reference: Public reporting says Circle blacklisted the Zama cUSDC contract on May 30, 2026, freezing roughly 12.6M USDC after a court order tied to an Overnight Finance civil dispute.
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