PANews August 21 news, data shows that the $YZY token market value reached $3 billion within 2 hours, and then fell back. The on-chain trading volume reached $512 in just 3 hours. Crypto KOL scooter, who was involved in exposing the LIBRA token insider information, tweeted that 5 hours after Hayden Davis's funds were unfrozen, YZY was released, which is probably not a coincidence.
This morning's news reports that a federal judge in Manhattan, USA, has unfrozen $57.6 million USDC assets related to the Libra (LIBRA) meme coin scandal. Previously, these assets were frozen due to investor allegations that Hayden Davis (CEO of Kelsier Labs) and Ben Chow (founder of Meteora) misled investors. The judge stated that the defendants cooperated with the lawsuit, and the plaintiffs failed to prove irreparable harm; the case is still in the early stages.