Argentine federal judge Marcelo Giorgi has issued a 'prohibición de innovación' order, freezing the assets of U.S. businessman Hayden Davis and two other crypto professionals involved in the LIBRA meme coin case. This action follows allegations that Davis transferred $507,500 via Bitget shortly after a tweet by President Milei on January 30, which included a photo with him. Prosecutors estimate that the LIBRA project may have defrauded hundreds of investors of $100 million to $120 million. The asset freeze aims to prevent the transfer of funds before the case concludes, with the Argentine securities regulator instructed to ensure compliance across virtual asset service providers.
Argentine Judge Freezes Assets in LIBRA Meme Coin Case
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