Argentina intensifies investigation into Libra token fraud case and freezes related assets

According to ChainCatcher, the Argentine Federal Court has ordered the freezing of assets belonging to U.S. promoter Hayden Davis and two intermediaries in connection with the Libra token fraud case. The case resulted in losses of approximately $250 million for more than 40,000 investors. The court instructed the National Securities Commission to notify all virtual asset service providers to enforce the freeze order to prevent the transfer of funds involved in the case.