TechFlow news, May 29 — According to Decrypt, stablecoin issuer Circle has frozen two Solana wallets linked to the Libra token team, involving approximately $58 million in USDC. The two wallets hold $44.59 million and $13.06 million in USDC respectively.
Burwick Law, a cryptocurrency legal firm, stated that the freeze stems from a temporary restraining order issued by the U.S. District Court for the Southern District of New York. The firm previously filed a class-action lawsuit against Kelsier Ventures and Meteora regarding the Libra token scandal.




