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Deep Tide TechFlow News, April 13, According to The Block, Circle CEO Jeremy Allaire responded to public criticism over their unfreezed Drift stolen USDC at a press conference in Seoul, South Korea, stating that Circle fulfills its legal obligations and only freezes wallets under law enforcement or court orders. Deciding to freeze funds privately would constitute a "significant moral dilemma." He also revealed that Circle is communicating with U.S. legislative bodies regarding the Clarity Act, seeking to establish a "safe harbor" mechanism for stablecoin issuers in extreme situations, but emphasized that such authorization must be explicitly granted through legislation, not decided unilaterally by the company.