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ZachXBT

@zachxbt

17/ On February 21, 2025, Bybit was hacked by Lazarus Group for $1.5B, widely reported across mainstream media. On February 28, 106K USDT and 338K USDC consolidated to theft address 0xDa2. Law enforcement, Bybit, and private sector experts submitted freeze requests to both Tether and Circle. Tether froze the address within hours. Circle took 24 hours longer to act. Theft address: 0xDa2e12E94060720581994eEc870F83d9C7200c2c

How about you tell the entire community why Circle has yet to freeze 115K USDC directly tied to the Bybit hack by DPRK with zero obfuscation after 5 hours? Meanwhile Tether already froze 106K USDT multiple hours ago. How many more examples will people have to show until the space understands Circle is a bad actor. 0xDa2e12E94060720581994eEc870F83d9C7200c2c

1:17 PM · Apr 3, 2026 · 182K Views

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ZachXBT @zachxbt · Apr 3 1.1M

18/ Circle builds good products and I hold USDC myself. This isn't a post about hoping they collapse. But the decisions they've made around compliance have had real consequences for real people. Nine figures lost from the ecosystem because of repeated inaction across three years, law enforcement requests, private sector requests, and their own infrastructure. The $420M+ figure only accounts for major public cases. The real figure is likely significantly higher. They have every tool and resource available to do better. They just haven't. So I'll leave you with one question: who is Circle actually serving? A US-regulated public company owes it to its users and the broader community to do better than this.

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JOSH KRESH™ @JoshKresh · Apr 3

@zachxbt So they were part or working with the hackers hmm 🤔

Jovko @jovkodean · Apr 3

@zachxbt It's funny how @jump_ goes completely silent every time a project they back collapses. $285M drained from @DriftProtocol, and my 7,460 USDC is gone. Stop hiding and start funding the #Solana recovery with @multicoin! Your silence is deafening. @zachxbt #DriftHack

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SaulyAries.eth 🦇🔊 @AriesSauly · Apr 10

@zachxbt Tether is the real thing

Diego Valerio @DiegoVa01902216 · Apr 18

@zachxbt Dear Zachxbt, we need your help. Polymarket is massively scamming us. The whales are controlling reality above the facts: x.com/DiegoVa01902216/status/2… Thank you in advance! PS: Sorry for the spam, we're desperate and running out of time.