Circle froze $383,204 USDC in a large freeze action on Solana — May 10, 2025 at 3:30 AM UTC
Recorded directly from the Solana network.
What this on-chain record shows
On May 10, 2025 at 3:30 AM UTC, Circle froze $383,204 USDC at wallet DacFdw2cUSjbCoS8N4mmLf6sE3YNo3XkW5vEqtFGs66U 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 5WQzBFkZpx...MaQwxd2Z at block 339,004,052. Open the wallet archive for the full freeze timeline, or verify the same log on the chain explorer.
Why was DacFdw2c...FGs66U frozen?
Circle issued a FreezeAccount on the USDC balance, and the latest scan shows a direct issuer blacklist match. The likely freeze drivers are compliance-related, such as issuer risk flags, suspected fraud or theft exposure, or a legal or regulatory instruction, but none is confirmed by public evidence.