A New York court has temporarily extended the freeze on approximately $63 million in stolen USDC to aid the liquidation process of the defunct cross-chain bridge Multichain. The court ordered Circle to maintain the freeze on three Ethereum wallets and preserve the corresponding dollar reserves. Multichain was once one of the largest cross-chain bridges in the crypto sector, with peak locked assets reaching $9.2 billion.
New York Court Extends Freeze on $63 Million Stolen USDC in Multichain Case
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