freezing hacker funds
ZachXBT has criticized Circle for its decision to freeze funds linked to a hacker, describing the operation as ineffective. The comments reflect a broader concern regarding the impact of such actions on the cryptocurrency landscape. ZachXBT characterized the freeze operation as “the most useless” he has encountered. This statement emphasizes skepticism about the effectiveness of freezing funds in cases of financial crime. Critics, including ZachXBT, argue that these actions may not deter cybercriminals effectively and raise questions about the overall effectiveness of measures to combat hacking in the cryptocurrency sector.
Last updated on October 14th, 2025 at 12:48 pm
