The São Paulo State Court in Brazil has ruled that Circle must freeze funds involved in a fraud case, ordering the freezing of USDC in a crypto scam involving approximately $13,000. This case is recognized as the first precedent in Brazil's judicial system directly requiring stablecoin issuer Circle to freeze USDC. In the case, the victim transferred funds due to an 'AI high-yield investment' scam. The judiciary tracked and located the relevant USDC through blockchain and determined that Circle has the technical capability to freeze specific tokens as per judicial orders. The court emphasized that this measure is temporary, reversible, and serves as a protective action rather than a punitive one. (BeInCrypto) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56337