"Prosecutor Seeks LIBRA Asset Freeze Amidst Milei Scandal; U.S. Releases Seized Mining Equipment; Ethereum Devconnect Heads to Argentina; Hex Trust Wins Major License in Singapore"
1min read Argentine prosecutor Eduardo Taiano is seeking to freeze assets related to the LIBRA memecoin fraud case, which has been under investigation since President Javier Milei's alleged involvement in the scandal, dubbed "Libragate." Taiano is also attempting to recover deleted social media posts from Milei's accounts.
The prosecutor's move comes as the U.S. Attorney's Office of the Central District has charged Au, a former employee of the Australian finance regulator, with facilitating Iza's fraudulent activities. Au faces up to three years in federal prison and is accused of helping Iza raise $100 million through the sale of LIBRA tokens.
Meanwhile, U.S. authorities have begun releasing seized Bitcoin mining equipment, with thousands of devices being released in recent weeks. The move comes as the U.S. Customs and Border Protection and the Federal Communications Commission have been seizing certain mining equipment since late last year.
The Ethereum Foundation has announced that the next Devconnect will be held in Buenos Aires, Argentina from November 17 to 22, 2025. The event will bring together developers, researchers, and enthusiasts to discuss the latest developments in the Ethereum ecosystem.
Hex Trust, a crypto custodian, has received a major payment institution license from the Monetary Authority of Singapore. The license authorizes Hex Trust to provide regulated cross-border remittance services and digital payment token (DPT) services, allowing the company to offer fully integrated solutions including custody, over-the-counter (OTC) and settlement, while covering fiat currency deposit and withdrawal services.
