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Circle Faces Contempt Charges Over Refusal to Burn 381K USDC

Circle faces contempt charges over refusal to burn 381K USDC

Circle USDC burn refusal- Stablecoin issuer Circle is locked in a high-stakes legal battle with Wisconsin authorities after declining to destroy and reissue nearly 381,000 USDC stolen in a 2025 investment scam, raising fresh questions about the technical and legal obligations of stablecoin issuers in asset recovery efforts. In a development that could set precedents … Read more

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