Svmuu News: Argentine Federal Judge Marcelo Martinez
has ordered the identification and freezing of a group of Libra-related wallets, after the Federal Police’s Cybercrime Technical Unit had been tracking the flow of related funds across multiple cryptocurrency networks since May. The investigation involves eight wallets labeled “Libra team,” which are directly linked to the token issuance.
Reports indicate that four of these wallets had pooled nearly $57 million into a single address, which had previously been frozen and then unfrozen by the U.S. District Court for the Southern District of New York. On May 10, nearly $500,000 of the funds were transferred to a Tron address via an interoperability protocol. Of the 17 transactions, at least 10 passed through Binance, while 8 wallets were linked to Bybit, 2 to OKX, and 2 to Bitfinex. 
Some of the users associated with the $8.2 million in funds may be identified through the KYC rules of centralized exchanges. The remaining funds are currently managed by the Libra Trust, which plans to distribute them to Argentine companies in the form of grants by November; 71 applications are currently pending approval.