Circle froze $301,864 USDC in a large freeze action on Solana — June 21, 2025 at 5:21 AM UTC
Recorded directly from the Solana network.
What this on-chain record shows
On June 21, 2025 at 5:21 AM UTC, Circle froze $301,864 USDC at wallet EoL1wuLJ8Etg2QkuqqE7WLsuYcVerLZyG76bqc8HqJGc on Solana. FreezeRadar indexed this FreezeAccount log from the official USDC contract. This is a public issuer action, not a FreezeRadar freeze and not a legal determination.
Transaction 3vGNwHaymr...rD1tRPVk at block 348,183,349. Open the wallet archive for the full freeze timeline, or verify the same log on the chain explorer.
Why was EoL1wuLJ...8HqJGc frozen?
The wallet was frozen via Circle's FreezeAccount mechanism on the Solana chain. The exact trigger is not confirmed, but the presence of a rapid pass-through flow (75,000 USDC in and out within 25 minutes) and circular counterparty activity may indicate behavior that prompted issuer review. Issuer blacklist matches are critical, but the underlying rationale remains undisclosed.