An American federal court has frozen about $ 57.65 million of Stabecrim USDC in a class action case on controversial Libra Memcoin.
layer data Shared On May 28, the USDC (USDC) of about $ 57 million was frozen after the Class Group’s lawyer, Max Barwick, with a coinlagraph, for a temporary freeze of the Manhattan Court.
“Yesterday, a federal court in SDNY (Southern District of New York) entered a temporary preventive order at our request, supported by Bervik Law, Tim Trainor, freezing about 57.65 million USDCs held in Circle,” Bervik told the coinalgraph.
He said that the court has been scheduled to hear on 9 June to determine whether the class-action laws will be frozen or not.
The Barvick Crypto Venture firm Calcissor Ventures and its three cybulating co-founders, Gidon, Thomas and Hayden Davis representing Omar Herlock and other plainists in a class-action suit against Gidon, Thomas and Hayden Davis, alleged on 17 March that he alleged that he has more than 100 millions of $ 100 milligance from ways that make Libra (Libra) Cryptocurrency and Curable Investors Ek to Ek Ek build out.
The suit also nominated blockchain infrastructure companies, kip protocols and its CEO, Julian Pih as Nasiyara and its co-founder, Benjamin Chow as defendants.
Chow’s lawyer, Kelier Ventures and Kip Protocol were contacted for the comment.
Libra reached a market cap of $ 4 billion after an X post from Argentina President Xavier Mile on 14 February before crashing 94% hour.
The saga carried out a political scam for Mili, calling members of the Argentina’s opposition party for their impeachment, although little traction was obtained beyond those statements.
In March, data from Voting Forum Juban Cordoba suggested that the Libra scam had negatively affected the image and national management approval rating.
Two Solana Wallets with a total USDC balance of $ 57.65 million were frozen on UTC on May 28 at 3:15 pm and 3:18 pm.
Data shows data from Solskain, Blockchain Explorer of Solana Address “3fwr … ZQPK” had a stabechoin worth $ 44.59 million, while there were more than $ 13 million wallet Address “3nhw … xngh.”
Both wallets were frozen by the Multisigment Freeze Authority, Solcan Data Show.
Milei closes Libra investigation in Argentina
On May 19, Milli signed a decree to close a task force established to investigate the Libra scam.
Connected: Solana may be a Memcoin ‘One-Trick Pony’-Standard Chartered
No Action Found or any other Argentine officer was allegedly tied to the scam.
However, some critics say that a valid investigation was not done properly in the first place.
“It was always a fake, he never dared to investigate anything, and they are covering each other because they are completely up to their neck,” Iti Hagman, an economist and member of a member of the Chamber of Argentina, a member of Itai Hamman. Said 1 May in 20 x post.
magazine: Memcoins are dead – but Solana ‘100x Better’ despite the revenue dip
