“Circle has blocked $ 57.6 million in USDC steiblcoin on two wallets related to Libra’s memoin. Arkham analysts reported this. Alert: $ 57m of USDC Associated with Libra Frozen by Circle Two Libra Accounts Have Just Been Frozen by Circle, Including The Libra Deployer Wallet. THESE AcCOUNTS CONTAINED A COMBINED $ 57M IN USDC WHICH IS NOW […]”, – WRITE: Businessua.com.ua
Circle has blocked $ 57.6 million in USDC steiblcoin on two wallets related to Libra’s memoin. Arkham analysts reported this.
Alert: $ 57m of USDC Associated with Libra Frozen by Circle
Two libra accountts have just be Frozen by Circle, Including the Libra Deployer Wallet.
TheSe Accounts Contained a Combined $ 57M in USDC WHICH IS NOW IMMOMOBILE. pic.twitter.com/hpmamam5hwvvj
– Arkham (@arkham) May 28, 2025
One wallet stored $ 44.59 million in USDC, another $ 13 million.
Who exactly initiated the freezing of funds is unknown. Burwick Law Law Firm stated that this was the case by the decision of the District Court of the Southern District of New York.
INCORRECT. YESTERDAY The US DISTRICT CURT (SDNY) GRANTED BURWICK LAW’S EMERGENCY TRO, SUPPORTED By Co-CounSel Tim Treanor, Freezing ≈ 57.65 M USDC Held at Circle.
– Burwick Law (@burwicklaw) May 28, 2025
However, the Argentine plaintiff in Libra Martin Romeo stressed that the frost was initiated through local jurisdiction – the request was sent through the Argentina justice system to US judicial authorities.
The request was not made by Burkwik Law; It Was Made by Us Through The Argentine Justice System, WHICH Issued A Request to The Us Justice System to Ask Circle to Freeze The Funds. Tomorrow We Will Publish The Documentation.
– Martin Romeo (@martinromeo_) May 28, 2025
Libra-Mem-Cine on the Solana network-became known after he received public support for President Argentina Havier Milei. After that, the capitalization of Token exceeded $ 2 billion, but later collapsed by 94%.
Subsequently, Mili disassembled from the project, noting that he had no prior information about Libra and did not intend to call for investment.
Against the backdrop of the scandal, the opposition called for the President’s impeachment, and the Attorney General Argentina Eduardo Tyyano demanded to freeze Libra associated assets worth about $ 100 million and restore deleted messages, including Tweets of Milea.
In April, Argentina Parliament approved the investigation of the participation of government officials in the promotion of Memcoin.
In May, the court, within a civil claim, ordered the banks to disclose information about Havier Milei’s accounts and his sister.
Recall that on May 20, the government eliminated a special investigative group created to investigate the Libra case.
The gun
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