Circle Executive Quashes Rumor About Receiving Wells Notice From The SEC

The tweet was picked up by multiple news providers on Twitter and soon gained traction in the crypto community. The rumor prompted a response from the Circle executive. The tweet was subsequently deleted and the account was briefly deactivated. The Fox journalist tweeted a correction a short while ago, acknowledging her mistake. “I went with the word of several trusted sources on this. I apologize for the mistake,” she added. Terrett has grown popular for her extensive coverage of the SEC’s lawsuit against Ripple. 

Several users on crypto Twitter were not amused by the confusion over the alleged Wells notice to Circle. One of them shared that he had sold his USDC anticipating regulatory scrutiny of Circle following the SEC’s notice.

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