Overview
- Federal Judge Marcelo Martínez De Giorgi froze 25 wallets and compelled six international exchanges to produce full KYC files, IP logs and transaction histories in the $LIBRA investigation, a step ordered by the court on Tuesday to stop further dispersal of assets.
- The prosecutor Eduardo Taiano based the request on a Police Federal Cybercrime report that reconstructed a continuous on‑chain and cross‑chain flow from 'Team Libra' wallets through multisig infrastructure to centralized platforms.
- Forensic analysts traced rapid cross‑chain moves including a May 10, 2026 transfer of 499,058.3 USDC from Solana to Tron via Bridge Finance and subsequent conversions that routed funds into concentration wallets.
- Investigators say those concentration wallets used 'pitufeo digital' or smurfing to fragment funds across many accounts and that several of the smaller transfers passed through centralized exchanges, which is why KYC records are now central to identifying real‑world beneficiaries.
- The Policía Federal will process the exchanges' responses with Interpol support if needed, while the judge has sent appeals by excluded victims to the Cámara Federal, leaving the case's next steps dependent on exchange disclosures and the Cámara's decision on victim participation.