According to Odaily, Argentine Judge Marcelo Giorgi has ordered the freezing of assets related to the Memecoin LIBRA scandal, which is backed by President Milei, and has imposed an indefinite asset freeze on the property and financial accounts of Hayden Davis and two cryptocurrency practitioners—Argentine Orlando Mellino and Colombian Favio Rodriguez.

Federal prosecutor Eduardo Taino filed the application and received technical support from the Financial Investigation and Illicit Asset Recovery Agency. The report indicated abnormal transactions in the three individuals' cryptocurrency wallets, potentially resulting in investor losses of $100 million to $120 million. The court deemed the case met the criteria of "reasonable suspicion and potential risk," granting a freeze order and requiring the National Securities and Exchange Commission to extend the measures to all related platforms within the country.

Furthermore, the investigation found that 42 minutes after Milei posted a tweet with a photo of herself with Davis, Davis transferred $507,500 through Bitget, and prosecutors are investigating whether this constitutes indirect bribery. (cryptopolitan)