PANews reported on May 17 that Cryptoslate cited local media reports that an Argentine federal judge ordered the freezing of assets of key figures in the LIBRA memecoin project. Investigators are investigating potential fraud related to the promotion of the digital token, including reviewing financial operations related to President Javier Milei and his sister Karina Milei. The judge also authorized the lifting of bank confidentiality protections for Milei and his sister, allowing investigators to review their financial transaction histories to look for signs of improper connections between them and supporters of the project.