Circle rebuffed efforts to return frozen scam funds

Circle rebuffed efforts to return frozen scam funds

Circle faces a criminal complaint in Wisconsin after prosecutors alleged the stablecoin issuer refused to carry out a warrant to recover about 381,000 USDC stolen from a scam victim. The case tests how quickly authorities can move to recover cryptocurrency after a court orders funds frozen. The Walworth County dispute began around May of last year, according to court records. A resident identified as “Victim #1” received an unsolicited text from…