ChainCatcher message, Argentine authorities have ordered Tether to freeze 3.5 million dollars in assets related to Rainbowex, which is suspected of being involved in a pyramid scheme affecting thousands of people in Argentina. This marks the first interaction between the Argentine judicial system and Tether to complete an asset freeze order.

This operation executed 22 search warrants and detained 10 individuals during a raid in San Pedro, and issued two red notices for the international arrest of two Malaysian nationals.