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Funny because you sound like a guy that could claim crypto is an unregulated far west full or scammers, while trying to prove that seizing 100K at law enforceme
by polux33 4y ago
Funny because you sound like a guy that could claim crypto is an unregulated far west full or scammers, while trying to prove that seizing 100K at law enforcement request is the same as randomly keeping 3K of your customers funds.
- ceejayoz 4y agoYou seem to think "we can freeze your funds" isn't an appealing feature to scammers, which is odd. https://www.circle.com/en/legal/usdc-terms https://www.circle.com/en/legal/usdc-terms > If Circle suspects or determines that you or any of your authorized users or customers, as applicable, have violated this these Terms, including, but not limited to, attempting to transact or transacting with Blocked Addresses (as defined in Section 13) or attempting to engage or engaging in Restricted Activities or Prohibited Transactions, and you have a Circle Account, then Circle may be forced to terminate your Circle Account and you may forfeit any USD funds otherwise eligible for redemption. The list of "Restricted Activities" this applies to is quite broad, including "provide false, inaccurate, or misleading information". The parent poster's claim this couldn't happen with USDC is readily proven false.