ZachXBT: USDC Becomes Main Payment Tool for North Korean IT Workers, Circle Does Not Freeze Related Activity

Blockbeats

07-01

BlockBeats News, July 1st, On-chain sleuth ZachXBT posted on X platform stating that the stablecoin USDC issued by Circle is being widely used by North Korean IT professionals for receiving payments, claiming to have identified recent transactions totaling tens of millions of dollars. Circle, while professing to be "compliant," has not taken any freezing or monitoring measures.

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