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Circle has frozen two Solana wallets linked to the Libra coin team, resulting in the blocking of approximately $57.65 million.
This action comes in the wake of a political controversy involving Argentine President Javier Milei, who promoted the Libra coin.
The U.S. District Court for the Southern District of New York ordered the freezing of the funds based on a legal request from the Burwick law office.
A court hearing is scheduled for June 9.