# Circle Freezes Zama Funds Amid Legal Uncertainty

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/circle-freezes-zama-funds-amid-legal-uncertainty
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/circle-freezes-zama-funds-amid-legal-uncertainty.md
Podcast: [Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-05-30T18:26:28+00:00
Episode link: https://api.fastcast.ai/audio/9ad4ba94-8dab-40b0-9323-97f55b00ccb8.mp3
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Duration seconds: 93

## Resource

Circle just froze $12.6 million in USDC tied to privacy protocol Zama—raising alarms as the move appears linked to a civil case, not Zama’s actions. The freeze coincides with a massive $12.4 million deposit from Overnight Finance, which was already grappling with treasury issues. Critics question Circle’s inconsistent approach: freezing assets from seemingly legitimate projects without warning, while ignoring stolen funds in past hacks like Drift Protocol. This latest move adds fuel to ongoing debates over how centralized entities manage digital assets in DeFi’s wild west. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/20b99f53499b1fd8

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