---
title: "Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist"
url: https://thecoingazette.com/zama-users-lose-access-to-12-6m-usdc-after-circle-executes-court-ordered-blacklist/
date: 2026-05-30
modified: 2026-05-30
lang: en
author: "Coin Gazette Editorial"
description: "Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a..."
categories:
  - "Circle"
  - "Crypto News"
  - "News"
tags:
  - "circle"
  - "Decentralized finance (Defi)"
  - "News"
  - "stablecoin"
  - "usdc"
image: https://thecoingazette.com/wp-content/uploads/2026/05/zama-users-lose-access-to-12-6m-usdc-after-circle-executes-court-ordered-blacklist.png
word_count: 56
---

# Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist

![Circle application on a smartphone in the dark highlighting firm's logo.](https://static.news.bitcoin.com/wp-content/uploads/2026/05/zama-users-lose-access-to-12-6m-usdc-after-circle-executes-court-ordered-blacklist-768x432.png)Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder Maxim Ermilov. Circle’s Zama Blacklist Freezes $12.6M, Raising Questions About USDC Use in DeFi Contracts The frozen address, 0xe978F22157048E5DB8E5d07971376e86671672B2, […]