US Judge drops Hayden Davis freezing order, frees up 500M LIBRA tokens
A US court order freezing LIBRA creator Hayden Davis’s crypto assets was dissolved yesterday, allowing Davis to move $58 million worth of USDC and another 500 million LIBRA tokens in monthly increments. Judge Jennifer Rochon dissolved the temporary restraining order (TRO), rejecting an extension request from plaintiffs Omar Hurlock and Anuj Mehta. According to Blockworks’ Senior Data Engineer, Fernando Molina, Davis will now have access to 20.8 million LIBRA tokens per month, plus a sum of LIBRA tokens already in his possession. He notes that the USDC is still “technically frozen” despite the removal of the TRO. One LIBRA token is worth $0.0094, meaning the 500 million tokens are now valued at $4.7 million . Como adelantó @halconada, la Jueza Rochon levantó el bloque a Hayden Davis relacionado a la causa $LIBRA . Ya desde fines de Julio se veía muy difícil que se pudiera mantener el bloqueo (ver tweet abajo) – Le permite mover los USDC (~58 M) que aún sigue...