The US justice system lifted the freeze on Hayden Davis's funds linked to $LIBRA.

In the context of the investigation into the $LIBRA cryptocurrency, the United States justice system has decided to lift the freeze on funds linked to Hayden Davis since no evidence was presented by the plaintiffs, which will allow him to once again access his USDC and transfer the tokens to the Viva La Libertad Project in Argentina.

The CEO of Kelsier Venture obtained a favorable ruling in New York, where Judge Jennifer Rochon authorized the return of nearly 500 million $LIBRA tokens and the unfreezing of approximately 58 million dollars in USDC, through the suspension of the freeze that had been imposed on the family-owned company that created the token.

In Argentina, Davis is identified as one of the main individuals responsible for the alleged "scam" linked to the memecoin launched in February of this year. With the new court order, he will be able to transfer up to 20.8 million $LIBRA tokens per month starting August 16.

One of Davis's defense attorneys, Mazin Sbaiti, welcomed the court's decision by stating: “This ruling confirms what we've always maintained: this case has no basis,” despite what some paid-off journalists in Argentina claim.

He added: “Although the plaintiffs had the opportunity to present all their evidence, they didn't provide any that demonstrated our client did anything improper or caused losses. Today's hearing and decision reveal the true nature of this case.”

Additionally, another attorney stated: "Although this litigation has caused headlines and some unfair speculation and misinformation, nothing was presented to the court to support it."

In the same vein, Judge Jennifer Rochon accepted a motion submitted by the CEO during a hearing held on July 1, and ten days later received the endorsement of the attorneys from Burwick Law, the firm representing the promoters of the ongoing class action lawsuit in the federal courts of New York.