Judge Frees LIBRA Funds: A Shocking Turn in the Meme Coin Saga
Federal Judge Jennifer L. Rochon has unfrozen $57.5 million tied to the LIBRA meme coin case, sparking a brief price surge. The decision, shrouded in partial disclosure, has left the crypto market grappling with uncertainty.
The LIBRA token previously faced fraud allegations linked to Argentine political figures, with defendants Hayden Davis and Ben Chow at the center of the storm. Davis now reportedly faces an international arrest warrant, while Chow resigned from Meteora amid the legal upheaval.