ME News message, December 25 (UTC+8), USDC stablecoin issuer Circle has confirmed that a platform named CircleMetals is fraudulent. The platform issued a press release on Christmas Eve (December 24), claiming to offer tokenized gold and silver trading services and used Circle's branding and executive quotes. A Circle spokesperson confirmed to CoinDesk that the platform is completely fraudulent. The scam platform claimed that users could exchange USDC for so-called gold tokens (GLDC) and silver tokens (SILC) 24/7, and promised a 1.25% CIRM token reward. (Source: ME)