---
title: "Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit"
url: https://thecoingazette.com/court-ordered-circle-freeze-traps-12-6-million-in-zama-cusdc-contract-amid-overnight-finance-suit/
date: 2026-05-30
modified: 2026-05-30
lang: en
author: "Coin Gazette Editorial"
description: "Zama CEO Rand Hindi said the protocol's confidential USDC contract was \"caught in a crossfire\" and that his team is investigating the freeze."
categories:
  - "Crypto News"
  - "Stablecoins"
tags:
  - "asset freeze"
  - "ceo"
  - "circle"
  - "Crypto Ecosystems"
  - "lawsuits"
  - "Legal"
  - "Overnight-Finance"
  - "Policy"
  - "stablecoins"
  - "usdc"
  - "Zama"
word_count: 23
---

# Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit

Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.