An Argentinian decide has ordered the freezing of property and monetary property belonging to Hayden Davis and two different cryptocurrency “intermediaries” tied to the LIBRA token.
Based on La Nacion, the order was made in response to a report written up by the Secretariat for Monetary Investigation and Restoration of Illicit Belongings (SIFRAI) and Common Directorate for Asset Restoration and Confiscation of Items.
The prosecution pushed for the order after the report discovered that these property may make up among the proceeds from the estimated $100 million obtained from LIBRA buyers.
Choose Marcelo Martínez de Giorgi deemed there to be a danger that these property could also be disposed of earlier than the case is completed and issued the freezing order.
The order will probably be in place for an “indefinite period” whereas the judicial course of is underway, and it’ll apply to any Argentinian crypto asset platforms.
The 2 crypto “intermediaries” concerned are Favio Camilo Rodríguez Blanco and Orlando Rodolfo Mellino. The pair reportedly personal wallets used to assist convert crypto from the LIBRA scheme into fiat forex and obscure the path of funds.
The report hyperlinks Mellino as an middleman between Davis and different people on quite a few events. These embody the day Davis had a gathering with Argentina’s president, Javier Milei, earlier than sending $500,000 to crypto alternate Bitget minutes later.
Blanco, however, seems to be an middleman for transactions that occurred alongside money withdrawals from financial institution deposit containers. These withdrawals have been carried out by the mom and sister of Mauricio Novelli and occurred hours after LIBRA’s value crashed.
Blockworks analyst Fernando Molina claims that inside the report, Bitget lastly revealed key crypto transactions that hyperlink Davis with Novelli and Manuel Terrones Godoy, two people linked to the launch of LIBRA.
🔴La pockets que lo cambia todo: La financiera de confianza de Novelli donde terminó el dinero de las coimas🔴
Identificamos una billetera en la purple TRON (USDT) (dirección: TEUYShkqNM6ug92pLiJ2WdXFT86xQGFL6P) utilizada como financiera intermediaria por Mauricio Novelli (MN) y… pic.twitter.com/LQCwrflGNk
— Martin Romeo (@MartinRomeo_) October 21, 2025
Plaintiff Martin Romeo visualized transactions between Davis, Novelli, Godoy, and an middleman.
Sources inside the report additionally claimed that Novelli and Milei mentioned monetizing the president’s picture for hundreds of thousands within the months operating as much as LIBRA’s launch.
They might reportedly use Milei as a “highly personal asset” in a plan that might supposedly keep away from breaking ethics legal guidelines.
Pagina 12 additionally reviews that the LIBRA investigation committee will current a last report on November 18 that reveals Milei shared a modus operandi with Novelli and Godoy within the launch of Libra which may be sufficient to start impeachment proceedings in opposition to the president.
