Argentine Prosecutor Orders Mass Freezing of Cryptocurrency in Libra Case
Eduardo Taiano, the Argentine prosecutor currently probing Milei and the Libra cooperators, has ordered the freezing of all LIBRA tokens involved in the case. Furthermore, the attorney is scrutinizing the activities of the addresses holding LIBRA that have also purchased other currencies.
Argentine Prosecutor Orders Mass Freezing of Cryptocurrency in Libra Case
Argentine Prosecutor Advances Libra Probe: Mass Token Freezing Ordered
The investigation of Libra, the meme coin that was shared by President Javier Milei hours before its debacle, is advancing in Argentina. Eduardo Taiano, the prosecutor in charge of the case, is currently working to secure evidence that might link the group involved in the launch of the currency with Milei.
Taiano has requested a detailed report of all the movements involving Libra tokens, to ascertain the addresses most benefitted, and try to cross-reference it with the holders of these addresses. However, the pseudonymous nature of the accounts has made this task difficult.
In the same way, Taiano has ordered a complete freeze of the assets involved in the investigation, to avoid possible obfuscation and determine if there has been money or asset laundering involving Libra movements to other platforms. To this end, the prosecutor has sent messages to international exchanges to surrender the data of Libra’s token movements.
One of the addresses involved in the investigation has already made purchases of other meme coins, which can be indicative of an asset laundering scheme.
Finally, the prosecutor is also cross-referencing communications and visits to determine the direct responsibility behind Libra’s launch. Phone records and visit registries have been requested to try to link the group allegedly involved, including President Milei.
Karina Milei, the president’s sister, is also facing accusations about possible bribes to access president Milei, collected as “consulting fees.”
Reports indicate that investigations have been advancing also in the U.S., with the Department of Justice already ordering a probe that is currently in its early stages.
Read more: Report: DOJ Opens Probe Into Libra Token Case
President Milei has repeatedly denied his involvement in the scheme that affected over 44,000 investors. “If you go to the casino and lose money, it’s your problem,” he stated in a TV interview in February.
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