One of the main stub coin emitters, the Circle has frozen two digital wallets, including USDC’s approximately $57.6 million, in connection with the controversial collapse of Libra in tokens, as reported by the Arkham Intelligence Tracking Firm yesterday.
this That doesn’t mean the money has been collected, but it simply means that those wallets cannot move USDCIn this regard, we have clarified Fernando Molina, data specialist at Blockworks Analysis Platform. He also showed that the wallet can run other crypto-active things like Sol and Memecoins.
The origin of the order to freeze funds is the subject of conflict. The facts face two versions. On the one hand, Berwick Law, a company dedicated to cases related to Memecoin, said in a publication on Social Network X that a court in the Southern District of New York in the US has granted a temporary restriction order to freeze funds backed by lawyer Tim Trenore.
However, Martin Romeo, plaintiff in the case of Libra, said the application was filed through the Argentine judicial system by him and other plaintiffs. Romeo has pledged to publish documentation on this Thursday.
“The application was made by us through Argentinean justice,” Romero said. He explained it Federal Judge Maria Selvini recommended the US After his complaint on April 13, he has pledged to publish documents demonstrating it.
Research into cases of Libra continues
As reported by Cryptonoticias, Token Libra was acquired worldwide when it was launched in February due to its relationship with Argentine President Javier Milei.
After the support of the Argentine president, Libra shot over $2 billion in market capitalization, It collapsed quickly after 90% or more When some of the liquidity of an asset has been withdrawn and questions arise that it is a fraudulent operation. Milei then retracted his support, stating that he had no great knowledge about the project and that he had no intention of promoting investment in him.
With the collapse of Libra, accusations of fraud against Mairay Face positions submitted by local lawyers. Additionally, Hayden Davis, CEO of Kelsier Ventures and suspect of Libra Advisor, said he paid Milei’s sister to influence the president’s support for the project.
During the debate, the Argentine government in February formed an investigation unit to gather information related to Libra and work with the judiciary. The unit was disbanded this month after the completion of the commissioned task was announced. His job was to collect and send requested information to relevant organizations, but so far the contents of these reports have not been published.
