Circle Hit With Criminal Complaint Over 381,000 Stolen USDC Tokens
The post Circle Hit With Criminal Complaint Over 381,000 Stolen USDC Tokens appeared on BitcoinEthereumNews.com. USDC News Wisconsin prosecutors have filed a criminal complaint against Circle, the issuer of USDC, alleging the company intentionally disobeyed a court order to recover roughly 381,000 stolen tokens for a local scam victim. The misdemeanor obstruction-of-justice charge, unusual against a firm of Circle’s size, sharpens a broader dispute over how much responsibility stablecoin issuers bear for clawing back illicit funds. At the center is a simple question: why does the world’s second-largest stablecoin issuer appear less willing than its rivals to help law enforcement recover money once it settles on-chain. Circle disputes the allegations and has moved to dismiss the case outright. The dispute traces back to a romance scam in Walworth County. In May 2025, a resident received an unsolicited text from a scammer using the name Lenora, who posed as a romantic partner and steered