Judge Unfreezes $57 Million in Stablecoins Tied to Libra Scandal

A U.S. judge has ordered the unfreezing of over $57 million in stablecoins linked to the Libra token scandal, a move driven by cooperation from defendants involved in the case. The assets were previously frozen and impacted entities may see their liquidity restored. This decision reflects evolving regulatory approaches in cryptocurrency governance and highlights the court’s influence on digital asset management.