# Circle Freezes $58M in USDC Linked to LIBRA Token Scandal Amid Legal Pressure

Circle, the issuer of the USDC stablecoin, has frozen approximately $58 million associated with the LIBRA memecoin scandal, which drew attention earlier this year due to its ties to Argentine President Javier Milei. The freeze follows a legal push from Burwick Law, which is leading an international

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| Published | 28 May 2025 |

Source: https://egamers.io/circle-freezes-58m-in-usdc-linked-to-libra-token-scandal-amid-legal-pressure/