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Multichain Liquidators Win Key Ruling as New York Court Extends Freeze on Stolen USDC

By Yahoo! Finance   |   1 month ago
Multichain Liquidators Win Key Ruling as New York Court Extends Freeze on Stolen USDC

A New York court has frozen a Multichain hacker's $63 million in stolen USDC, aiding Singaporean liquidators in recovering funds. Circle's centralized control was leveraged to maintain the freeze, helping in the cross-border asset recovery effort.

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