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Circle Internet (CRCL) Stock — Lawsuit Filed Over $280M Drift Protocol Hack

· CoinCentral

Circle Internet Group faces a class action lawsuit over its response to the April 1 Drift Protocol hack, which drained about $280 million. Plaintiffs allege Circle failed to freeze ~$230 million in USDC transferred after the exploit. The lawsuit highlights concerns over Circle’s handling of the DeFi breach and USDC security.

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