LIBRA

An Argentine federal judge has issued an indefinite precautionary order freezing assets tied to key figures behind the LIBRA token launch, including Kelsier Ventures CEO Hayden Mark Davis. The move targets individuals accused of using crypto wallets to move funds connected to the project’s timeline and raises fresh questions for the broader crypto market.

An Argentine judge ordered a freeze on Kelsier Ventures CEO Hayden Mark Davis' assets amid a probe into the LIBRA token, publicly linked to President Javier Milei. The move tightens legal pressure around Milei’s inner circle and could reshape market confidence in LIBRA.

A viral selfie and a rapid on-chain transfer have put Argentina's president at the center of a potential memecoin probe. Investigators trace a $500,000 movement within 42 minutes of the post and are examining whether funds have been frozen amid a suspected pump-and-dump.

Argentina has frozen assets linked to Hayden Davis amid an expanded investigation into alleged LIBRA fraud, probing transactions, contracts and offshore ties. Regulators say measures aim to protect investors, stop capital flight and set an international enforcement precedent.

Argentina's President Javier Milei promoted the $LIBRA cryptocurrency project, which suffered a severe price crash causing $250 million in investor losses. This event, known as 'Cryptogate,' has triggered calls for investigations and possible legal repercussions.