Investigations by ZachXBT
@investigations
Investigations by ZachXBT
Фото:
Update: After further analysis 0xf7Fcc767dE537953b3519D4b3097A24A6dFE1c84 deposited 12.4M USDC to Zama on May 11, 2026.
0xf7fcc appears to relate to Overnight Finance which held a governance vote recently to distribute treasury funds after holders alleged the team was rug pulling.
Regardless it's precedent setting to unilaterally freeze the contracts / addresses of a protocol where funds have been commingled with Zama users.
Update 2: It gets much worse from my understanding the Zama team does NOT appear to have been notified of the Circle freeze prior.
One of the plaintiffs responsible for the civil case against Overnight Finance is Patagon Management an entity known for hostile DAO takeovers / RFV raiding protocols.
Overall I feel bad for Zama users who have now been indirectly impacted with this mess of a US civil case.
One of the plaintiffs responsible for the civil case against Overnight Finance is Patagon Management an entity known for hostile DAO takeovers / RFV raiding protocols.
Overall I feel bad for Zama users who have now been indirectly impacted with this mess of a US civil case.
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