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Crypto news, April 13th (UTC+8), on-chain investigator ZachXBT responded to discussions about the USDC freezing issue, stating that there are no regulations prohibiting issuers from proactively freezing funds. The claim by Circle that they are "acting in accordance with the law" is actually fabricated and contradicts their terms of service. ZachXBT provided screenshots showing that Circle's terms explicitly reserve the right to freeze funds. ZachXBT stated that he agrees that the freezing right should not be abused for indirect tracking or similar scenarios, but in major events like Drift Protocol, which affect the entire ecosystem, it is truly unforgivable that they delayed action for 6 hours despite transferring over $230 million.