Circle freezes Solana addresses involved in Libra scandal, equivalent to about $58 million USDC

Odaily News Circle has frozen two wallet addresses related to the Libra meme coin project and token deployer on the Solana chain, with a total frozen amount of approximately US$57.65 million USDC (US$44.59 million and US$13.06 million respectively), and these assets can no longer be sold or transferred. The initiator of this freeze is still controversial. Crypto law firm Burwick Law claims that it has applied for a temporary restraining order in the Federal Court for the Southern District of New York and has been approved, and plans to hold a preliminary injunction hearing on June 9. The plaintiff Martin Romeo said that the freeze was requested by the Argentine judicial authorities. (Decrypt)