Argentina’s LIBRA Investigation Climaxes But $58 Million Moves Before Final Report
Argentina's LIBRA investigation report is due as $58 million in crypto linked to the case was moved to an unfrozen asset just before release.Summary
Argentina's Congressional Commission investigating the cryptocurrency LIBRA is set to present its final report, coinciding with significant on-chain activity. Commission President Maxi Ferraro confirmed the report culminates months of investigation, including recent meetings with Prosecutor Carlos Taiano where critical evidence regarding potential indirect payments to public officials was shared. Simultaneously, blockchain analysts detected two dormant wallets, "Milei CATA" and "Libra: Team Wallet 1," liquidating over $58 million in USDC stablecoins to SOL (Solana) and moving the funds to a new address. This move is interpreted as an attempt to place the money beyond the reach of potential freezing orders, as SOL cannot be frozen like USDC, despite Argentine prosecutors repeatedly seeking such orders. The Commission emphasizes its role in determining political responsibility for the case, framing the report's release as a crucial step toward institutional accountability in Argentina's cryptocurrency governance.
(Source：BeInCrypto)