Libra Case Update: $57 Million Frozen, Investigations Progress – Legal Bitcoin News

A U.S. court froze $280 million of the profits generated by the sale of $Libra, the cryptocurrency promoted by Argentine president Javier Milei, and suspected of being a scam. The lawsuit, which is being processed in the South District Court of New York, accuses U.S. businessman Hyden Mark Davis, his father, his brother and others involved of promoting a crypto endorsed by Milei to attract investors who quickly lost all their money. Milei and th…

Argentina’s Justice continues to make steady progress on the $LIBRA case, one of the most important polemics facing the government of President Javier Milei since his arrival at Casa Rosada in December 2023. Without going any further, this Friday the Prosecutor’s Office has officially requested that information be provided about the telephone lines of both the head of state and his sister, the secretary of the Presidency, Karina Milei. The cause…

The request was made by prosecutor Jorge Taiano, who seeks to have data on the crossover of calls.This represents a new step in the investigation of the alleged scam with cryptocurrency.

Libra Case Update: $57 Million Frozen, Investigations Progress

Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations... The post Libra Case Update: $57 Million Frozen,…

Libra Case Update: $57 Million Frozen, Investigations Progress – Legal Bitcoin News

Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations […]

A United States (US) court has frozen a total of $258 million in profits from the cryptocurrency $Libra, the same one that the president of Argentina, Javier Milei, promoted and which is suspected of being a scam. The lawsuit being processed in the US by the Southern District Court of New York, accuses the American businessman, Hayden Davis, his father, brother as well as others involved in promoting the cryptocurrency. It should be noted that t…