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SHOCKING! $57M USDC STABLECOINS SLAMMED WITH A COURT FROZEN IN LIBRA SCAM DRAMA!

🚨 MILLIONS AT STAKE! U.S. COURT FREEZES FORTUNES IN CLASS ACTION FIRESTORM! 🚨

In an explosive legal showdown, a U.S. federal court has hit the brakes on a jaw-dropping $57.65 million worth of USDC stablecoins, all tangled up in the notorious LIBRA token scam. Hold onto your hats, folks—this is getting wild!

On May 28, 2025, the Southern District of New York issued a TEMPORARY RESTRAINING ORDER, slamming the freeze on these assets until June 9. That’s right, folks! June 9 could be D-Day for whether these frozen funds will remain on ice while the courtroom drama unfolds!

BAM! Circle’s multi-sig team slapped the handcuffs on TWO Solana wallets! These wallets are directly tied to the dubious LIBRA deployer and project crew—all part of the ongoing lawsuit filed by Burwick, a law firm based in the Big Apple!

INVESTORS RALLYING TO SUE! LIBRA enthusiasts are coming together to hit Kelsier Ventures and its co-founders, Gideon, Thomas, and Hayden Davis, right where it hurts!

🔥 BREAKING NEWS: $57M PUT ON LOCKDOWN! 🔥

“ALERT: $57M OF USDC ASSOCIATED WITH LIBRA FROZEN BY CIRCLE,” tweeted Arkham. With two LIBRA accounts frozen—including that of the deployer wallet—this shocking move makes those funds utterly immobile.

But it doesn’t stop there! The courtroom is bustling with additional defendants, including Benjamin Chow of Meteora and Julian Peh from KIP Protocol. This tangle gets deeper by the minute!

THE BACKSTORY: LIBRA’S SKID FROM GLORY!

The LIBRA memecoin first captured the spotlight after Argentinian President Javier Milei hype-blasted it in a sensational February 14 tweet, labeling it a lifeline for small businesses. Within just ONE hour, the token’s value skyrocketed from mere cents to a massive $5, pushing its market cap to a staggering $4 billion—only to CRASH by 94% in mere hours! Insiders allegedly sold off more than 70% of their holdings, sending investors reeling!

Political outrage erupted in Argentina, with opponents clamoring for Milei’s impeachment. Although that movement fizzled, a March poll showed Milei’s image took a nosedive.

On March 17, Burwick’s bombshell lawsuit alleged the LIBRA crypto was launched under false pretenses, swindling over $150 million from unsuspecting investors. Reports reveal frozen assets, with Solscan identifying about $44.59 million at a specific wallet address and another $13 million from a different one.

The asset freeze isn’t just a protective measure; it signals that U.S. courts are ready to TAKE A STAND against shady crypto practices, potentially rewriting the rulebook for accountability in this volatile market!

MILEI SHOCKER: INVESTIGATION SCRAPPED!

But just when you thought it couldn’t get wilder, on May 19, 2025, President Milei AXED the investigative task force looking into the LIBRA scandal! No charges, no accountability—just a sweeping decree that left many scratching their heads.

Itai Hagman, an Argentinian lawmaker, voiced the frustrations: “It was always a fake; they never dared to investigate!” Was this a cover-up? The authorities offered flimsy justification, claiming the task force had completed its "mission."

In this saga, the clock is ticking toward June 9! Will justice prevail, or will the scandal’s masterminds slip through the cracks? Stay tuned, because this wild ride is far from over! 🕵️‍♂️💥