Pepe-inspired Ethereum L2 Layer Brett Hits $700,000 in Presale

In the coming week from June 9, 2025 to June 15, 2025, there are other blockchain news that are worth your attention.

The post Libra Promoters Regain Access to $57.6 Million in Crypto After Judge Unfreezes Assets appeared on BitcoinEthereumNews.com. In brief A judge ordered that $57.6 million in USDC associated with the Libra meme coin scandal be unfrozen. It follows the February launch of the Libra meme coin, which was promoted by Argentine President Javier Milei and crashed and burned within a matter of hours. The judge added that she is “skeptical” that the plaintiffs will succeed in their case against Hayden Davis and Ben Chow. Assets associated with the infamous Libra token—launched in February, and promoted by Argentine President Javier Milei—were unfrozen by a Manhattan federal judge on Tuesday. The judge said that she no longer believes that the defendants would run off with the cash, after the pair had been compliant with court proceedings. It comes after the same U.S. district judge, Jennifer L. Rochon, froze $57.6 million worth of USDC found in June as part of a case in which the plaintiffs are seeking over $100 million in damages. The frozen assets were in two wallets controlled by defendants Hayden Davis, CEO of venture capital firm Kelsier Labs LLC, and Ben Chow, founder of decentralized exchange Meteora. On Tuesday, Judge Rochon stated that the pair were not conducting themselves as “evasive actors,” due to their compliance with the legal proceedings thus far.  “It is plain that money damages would be available to compensate the putative class,” Judge Rochon said, according to Law360. “Plaintiffs have not made a sufficient showing of irreparable harm.” As such, she decided to lift the freeze requirement on the $57.6 million worth of USDC on Tuesday. These assets haven’t moved from the originally frozen wallets, which are still holding $13.06 million and $44.59 million respectively. In doing so, the judge added that she is “skeptical” about the likelihood of the plaintiffs, represented by Burwick Law, succeeding in their case. Although she…

The crypto market in 2025 is already heating up, and people are watching coins that mix real growth with wide […] The post Best Altcoins in 2025: BlockDAG, Avax, Cardano, Solana with Big Moves Ahead appeared first on Coindoo.