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Circle Shares Fall 5.1% as It Freezes Over $800 Million Tied to Binance Theft

TokenPost·October 30, 2026·1 min read
Circle Shares Fall 5.1% as It Freezes Over $800 Million Tied to Binance Theft

Circle froze over $800 million in assets tied to a $6.3 billion Binance theft case, causing its shares to fall 5.1%. Circle is the issuer of USD Coin (USDC), a major stablecoin. The freeze aims to recover stolen funds and prevent further movement of illicit assets.

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