August 21, 2025

Unfreezing of $57.6M in USDC May Reflect Defendants’ Cooperation in Libra Token Lawsuit, Judge Says

A US judge has unfreezed $57.6 million in USDC tied to the Libra token scandal, restoring access to promoters Hayden Davis and Ben Chow while confirming funds remain available to reimburse victims, citing the defendants’ cooperation and no evidence they …

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