Argentine Judge Marcelo Giorgi has ordered the freezing of assets related to the Libra cryptocurrency, a coin 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, supported by a technical report from the Financial Investigation and Illegal Asset Recovery Agency. The report indicated abnormal transactions in the three individuals' cryptocurrency wallets, with potential investor losses ranging from $100 million to $120 million. The court deemed the case met the criteria of "reasonable suspicion and potential risk," granting the freeze order and requiring the National Securities Commission to extend the measures to all related platforms within the country. Furthermore, the investigation found that Davis transferred $507,500 through Bitget 42 minutes after Milei posted a tweet featuring a photo of himself with Davis; prosecutors are investigating whether this constitutes indirect bribery. (cryptopolitan)