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The Nexus
BUSINESSMay 30 · 12:30 UTCTHE BLOCKZack Abrams

Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit

A court-ordered freeze has trapped $12.6 million in Zama's cUSDC contract due to a lawsuit involving Overnight Finance. Zama CEO Rand Hindi stated the protocol's confidential USDC contract was 'caught in a crossfire' and the team is investigating the freeze.

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ZamaorganizationRand HindipersonOvernight FinanceorganizationcUSDC contracttopic
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