Argentina Freezes 25 Crypto Accounts: Investigation of LIBRA Memecoin
Key Takeaways:Argentine authorities froze 25 crypto wallets linked to the LIBRA token and requested user data from major exchanges.Investigators traced funds across Solana and Tron, uncovering cross-chain transfers and transaction-splitting activity.The case highlights the growing use of blockchain forensics and exchange KYC data in crypto investigations. A federal court in Argentina announced the freezing of dozens of crypto wallets belonging to the investigation of the controversial LIBRA token, entering a new stage. The action is designed to stop more transfers from taking place and to identify the people behind the wallets and track the movement of money through several different blockchain networks. Argentina Targets 25 Wallets in LIBRA Investigation A federal judge ordered the freezing of 25 cryptocurrency wallets that are suspected to be involved in the investigation of the LIBRA cryptocurrency token. The decision also requires Binance, Bybit, OKX, CoinEx, Bitfinex, and FixedFloat, the six biggest crypto exchanges, to share Know Your Customer (KYC) data, transaction logs, IP logs, linked bank accounts, and other account information for the addresses being flagged. Discover more Content Management Merchant Services & Payment Systems Engineering & Technology The order comes after Argentinas Federal Police cybercrime unit carried out a technical investigation to trace digital assets from a group of wallets they