A federal judge in Argentina has ordered the identification and freezing of 25 cryptocurrency wallets connected to the $LIBRA memecoin scandal, the sprawling investigation that traces back to a token publicly promoted by President Javier Milei before it cratered in spectacular fashion. The order, issued by Judge Marcelo Martínez de Giorgi, hits wallets across some of the biggest exchanges in the industry: Binance, Bybit, OKX, and Bitfinex.

According to analyst Fernando Molina, no actual funds have been frozen from those wallets yet. The order is on paper. The money, apparently, is not sitting around waiting to be caught.

What happened with LIBRA

The $LIBRA memecoin launched on February 14, 2025. Argentine President…