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A squad of Argentine lawmakers is gearing up to ramp up the Libra investigation after fresh intel connected President Milei to some players behind the token launch hit the streets.
The congressional committee that dug into the Libra situation is reportedly filing two complaints against Eduardo Taiano, the prosecutor handling the case, for not moving fast enough, despite having several key pieces to push the probe forward.
The first complaint slams Taiano for blocking Congress’s efforts, as he shot down a request to compel government officials to clarify their ties to the token and barred the commission from accessing the recently released case files.

Decentralized finance protocol Aave filed an emergency motion on May 4 to vacate a restraining notice that froze approximately $71 million in recovered Ethereum intended for victims of a recent security exploit. The legal action follows a May 1 restraining notice served on Arbitrum DAO, which stalled the distribution of funds recovered after an April 18 exploit.
According to a statement by Aave on social media, the frozen assets belong to users victimized in the breach.
“A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this,” Aave stated. “Those assets were recovered to be returned to users victimized in the April 18, 2026, exploit. Freezing them harms the very people this recovery effort is designed to protect.”
Aave requested an expedited hearing and a temporary vacatur from the court to resume the restitution process. The company is reportedly working with the Arbitrum community and DeFi United to ensure affected users are made whole.
The April 18 exploit resulted in the loss of millions in digital assets, prompting an industrywide recovery effort. While the funds were successfully intercepted, the current legal gridlock threatens to delay the return of capital to thousands of decentralized finance participants.
Following the court’s granting of the freeze order, online sleuth ZachXBT accused U.S. law firm Gerstein Harrow LLP of filing a fraudulent claim. He alleged the law firm uses this tactic each time there is a new Lazarus Group victim after an exploit and crypto assets are frozen.
In its motion, Aave said that if the court does not immediately vacate the restraining notice, it should schedule an expedited briefing and hearing for Aave’s emergency application. Additionally, Aave is asking the court to require the plaintiffs to immediately post a cash bond of at least $300 million as a condition for maintaining the restraining notice.
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The U.S. Court of International Trade ruled on May 28 that Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) to impose the tariffs. The court held that IEEPA, typically used for sanctions, does not authorize tariffs and that such power resides solely with Congress.
The Trump administration filed its appeal to the U.S. Court of Appeals for the Federal Circuit immediately after the decision. White House spokesperson Kush Desai asserted, “It is not for unelected judges to decide how to properly address a national emergency.” Deputy Chief of Staff Stephen Miller denounced the ruling on social media as a “judicial coup,” reflecting the administration’s stance that courts cannot limit presidential emergency actions.
Trump announced the tariffs on April 2, declaring the U.S. trade deficit an “unusual and extraordinary threat” justifying a national emergency. The policy imposed a universal 10% baseline tariff on most imports, plus additional “reciprocal” tariffs ranging from 11% to 50% on approximately 60 targeted nations.
The ruling resulted from lawsuits filed by small businesses, including Oregon-based wine importer V.O.S. Selections, and a coalition of states led by Oregon. They argued the trade deficit did not meet IEEPA’s emergency threshold and that the tariffs unconstitutionally bypassed Congress.
Economists and business groups warned the tariffs would raise consumer prices. JPMorgan Chase CEO Jamie Dimon noted they would contribute to inflationary pressures. Importers faced immediate cost increases, with China facing massive rate hikes, creating market uncertainty and supply chain reassessments. Equities, crypto assets, and precious metal markets have all reacted to Trump’s tariff ideas.
The appeal is now pending before the Federal Circuit. Legal experts anticipate the case may ultimately reach the Supreme Court, given its significant constitutional questions regarding executive power in trade policy. Existing tariffs under separate authority remain unaffected.
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Market Status: Neutral-to-Bearish. Despite a dramatic rebound on May 1 (from $4,559 to near $4,660), prices ended the week down ~1.89% . It's currently a "tug-of-war" between support near $4,500 and the key resistance zone ahead .
· Key Resistance: $4,650 - $4,667. This is the critical barrier. A daily close above $4,667 is needed to signal a short-term recovery .
· Key Support: $4,550 - $4,580. A break below $4,550 could open the door toward the $4,495 or $4,375 targets .
· What's Driving Prices: Hawkish Fed & Oil. The Fed hinted at possible future rate hikes (not cuts) due to surging energy prices, which suppresses gold's appeal .
· The Central Bank Factor: Long-term sentiment remains supported by central banks buying gold for reserves, but this isn't enough to counter short-term selling pressure .,I#XAUUSD #XAU #GoldPrice #GoldCrash #XAUUSD #GoldMarket #Bearish #CryptoNews #Trading #MarketUpdate #InvestWisely #USDTfree #UnicornChannel #XAI.智能策略库