Argentine judge freezes 25 crypto accounts in LIBRA investigation and orders six major exchanges to surrender customer KYC data and transaction histories.
Regulation & Gov ·
An Argentine judge has issued an order to freeze 25 cryptocurrency accounts connected to an investigation into LIBRA, while simultaneously demanding that exchanges provide know-your-customer (KYC) documentation, IP addresses, and transaction records tied to those accounts. The freeze targets six major exchanges as part of the probe. Enforcement of the order remains incomplete as of reporting.
The mechanics of the action center on the judge's authority to compel exchanges to disclose customer identification data and trading history linked to the frozen accounts. The specific scope and stated rationale for targeting these 25 accounts within the LIBRA investigation have not been detailed in available reports.
What remains unclear is the nature of the underlying LIBRA investigation itself, the timeline for compliance by the exchanges, and whether all requested data has been successfully obtained or verified. The status of any subsequent legal proceedings related to the frozen accounts is also not yet reported.