crypto news

Non -freezing judge 57.6 million dollars in Stablecoins star-news.press/wp

An American judge freezed $ 57.6 million in Usdc (USDC) Stablecoins linked to the scandal of the scale icon in February, giving the Memecoin Hayden Davis promoter and former CEO of Mteora decentralized Ben Chow access to money.

I froze American judge Jennifer L. Roshon money in May as part of a hearing in a collective lawsuit against Davis, Choo, Blockchain KIP and co -founder of KIP, Julian Bey.

The judge said that the defendants did not prove “irreplaceable” damage because the funds needed to return the victims are still available, and the defendants did not make any effort to move the frozen money, according to what it mentioned. Law360.

In July, Davis submitted a request to reject the lawsuit against him, which was rejected by the court, “the subject of discussion.” Nevertheless, Rocheon said she suspects that the collective lawsuit against Davis will succeed Zhao and others.

The original complaint was filed against Hayden Davis, Ben Zhao, Julian Bey and others. Source: Pacer

The scandal of the scale symbol is one of the most important rugs in history, as it draws Argentine President Javier Millie, which led to the achievement of ethics in the claim of the leader and class investment from investors.

Related to: From Coinbase to Milei and Libra: Crypto Class-Action Pall

The scandal of the balance symbol and the effects that rocked the world of encryption

The scale icon was launched in February, where he made itself bills as a project to help support small companies in Argentina, and was initially promoted by Milei on social media.

The scale was destroyed and burned within hours of its launch, which prompted a widespread violent reaction from the investors who fell in what was described as pulling the rug of $ 107 million.

Millie distanced himself from the distinctive symbol, denies knowing the basics of the project and retracted the initial promotion.

“A few hours ago, I posted a tweet, like many times other times, and supported a special project assumed that it is clear that I have no connection.” mail.

This statement did not do much to stop an investigation into the Congress in Miley due to potential morals and the calls of Argentine lawmakers to isolate Miley.

However, Miley closed the investigation and the work of the work squad without any charges or results of violations against the president’s office, which prompted allegations of covering up political motives.

magazine: Curd traders “deceive themselves” with price predictions: Peter Brandt

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2025-01/01948186-e029-7ff2-8267-42e23f562132

2025-08-20 21:57:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button