Krutika Adani
Circle freezes funds linked to LIBRA meme coin promoters as legal scrutiny intensifies in Argentina and the US.
LIBRA’s pump-and-dump saga implicated major crypto figures—and possibly Argentina’s President Milei himself.
Circle hasn’t revealed the trigger. Some blame Argentina’s criminal probe, others point to Burwick Law’s US civil suit.
A civil case in the US escalated recently—possibly influencing Circle’s drastic action against non-Argentine LIBRA promoters.
While top officials may dodge consequences, private crypto promoters are facing intense legal heat—and fewer protections.