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ZachXBT: USDC Becomes Main Payment Tool for North Korean IT Personnel, Circle Does Not Freeze Related Activities
Summary: According to a tweet, blockchain analyst ZachXBT stated on X platform that the stablecoin USDC issued by Circle is widely used by North Korean IT professionals for receiving payments, with recent transaction volumes reaching tens of millions of dollars. He criticized Circle for claiming to be 'compliant' while not taking any freezing or monitoring measures, ...
According to a tweet, blockchain analyst ZachXBT stated on X platform that the stablecoin USDC issued by Circle is widely used by North Korean IT professionals for receiving payments, with recent transaction volumes reaching tens of millions of dollars. He criticized Circle for claiming to be 'compliant' while not taking any freezing or monitoring measures, sarcastically stating 'this is a super cycle of crime, and no one cares'.
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Link: ZachXBT: USDC Becomes Main Payment Tool for North Korean IT Personnel, Circle Does Not Freeze Related Activities [Copy]