Argentina Freezes 25 Crypto Accounts in LIBRA Token Investigation

An Argentine federal court has ordered the freeze of 25 crypto accounts linked to the LIBRA token investigation. The ruling, issued by Federal Judge Marcelo Martínez de Giorgi, also requires six global exchanges to provide extensive customer information, including Know Your Customer (KYC) records, IP logs, and transaction histories.

The court order targets accounts hosted on Binance, Bybit, OKX, CoinEx, FixedFloat, and Bitfinex. The exchanges must provide complete customer files, including account opening documentation, KYC records, internal platform communications, IP connection logs, linked bank account information, and full transaction histories for the specified wallets.

The investigation relies on a forensic report from the PFA’s Cybercrime Technical Department, which reconstructed the movement of funds using backward blockchain tracing and open-source intelligence. The prosecution claims that assets originated from wallets identified as “Team Libra Wallets,” which transferred millions of LIBRA tokens into the Meteora Libra liquidity protocol shortly after the token’s launch in February 2025.