An Argentine choose just lately ordered the freezing of monetary belongings belonging to Kelsier Ventures CEO Hayden Mark Davis. He has turn into inextricably related to the LIBRA token launch, a mission publicly endorsed by President Javier Milei.
The precautionary measure is indefinite. It additionally applies to 2 males recognized as homeowners of wallets that obtained funds from Davis throughout key intervals of the LIBRA timeline.
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Prosecutors Hyperlink Davis to LIBRA Cash Path
Marcelo Martínez de Giorgi, the federal choose overseeing the LIBRA case, ordered on Thursday the freezing of all property and monetary belongings belonging to 3 key figures within the token’s launch.
He additionally directed the Nationwide Securities Fee to alert digital asset service suppliers and prolong the freeze to these working in Argentina, based on the order reviewed by BeInCrypto.
The measure targets Davis, the American entrepreneur who met with Milei a number of occasions on the Casa Rosada, the presidential workplace, across the time of the launch.
It additionally applies to Colombian nationwide Favio Camilo Rodríguez Blanco and 75-year-old Argentine Orlando Rodolfo Mellino. Each had been just lately recognized because the homeowners of digital wallets concerned in transactions now below judicial investigation.
🚨 Identificamos a los titulares de las cuentas donde Hayden Davis envió los pagos submit reuniones con Milei (Bitget/Financiera)
Se trata de: Favio Camilo Rodríguez Blanco. Colombiano, conocido en la metropolis
y Orlando Rodolfo Mellino, Argentino de 75 años. https://t.co/TKzTM2tOGn
— Martin Romeo (@MartinRomeo_) November 8, 2025
The precautionary measure was issued on the request of federal prosecutor Eduardo Taiano. It was additionally backed by a technical report from Argentina’s monetary investigation and asset restoration businesses.
The report really useful motion towards Davis, Rodríguez Blanco, and Mellino to safe belongings doubtlessly linked to the fraud. In accordance with prosecutors, the 2 allegedly facilitated multimillion-dollar transfers between Davis and the 2 Argentine lobbyists carefully associated to the LIBRA case, Mauricio Novelli and Manuel Terrones Godoy.
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Martínez de Giorgi cited robust proof and the chance that the defendants may conceal or switch the digital belongings.
The discovering got here after Congress’s LIBRA Fee requested further data from centralized exchanges.
Complainants had been then capable of establish a cryptocurrency pockets that immediately linked Davis to Novelli and Terrones Godoy. In addition they discovered one other Bitget account reportedly used to transform digital belongings into money.
In accordance with the prosecutor’s workplace’s newest findings, Rodríguez Blanco has been recognized because the proprietor of this Bitget account.
Uno de los nuevos involucrados en el caso $LIBRA es Camilo Rodriguez Blanco, conocido dealer y divulgador cripto
La fiscalía confirmó que recibió de Hayden Davis casi 6 M de dólares en Febrero y luego envió parte del dinero a Terrones Godoy y Novelli
Además, según la fiscalía,… pic.twitter.com/hlmAFg0FU4
— Fernando Molina (@fergmolina) November 10, 2025
Investigators discovered that Rodríguez Blanco served as an middleman in a number of main transactions linked to suspicious money transfers. These actions additionally aligned with essential factors within the LIBRA timeline. One such occasion occurred on February 17, when safety cameras captured Novelli’s sister and mom withdrawing luggage from a Banco Galicia department simply days after the LIBRA collapse.
Investigators additionally decided that Mellino served as a direct go-between for Davis and different figures below scrutiny.
Notably, prosecutors traced a $507,500 switch made by means of the Bitget platform on January 30. The switch passed off lower than an hour after Milei posted a selfie with Davis from the Casa Rosada, following an official assembly.
In accordance with the Prosecutor’s Workplace, the transfers might symbolize oblique funds to authorities officers. Investigators consider the intermediaries transformed cryptocurrency into money to obscure the cash path and conceal the identities of its last recipients.
