Argentina Launches Investigation into Milei's $250M LIBRA Crypto Scandal
Argentina's Chamber of Deputies has approved a special commission to investigate President Milei's involvement in the controversial LIBRA cryptocurrency collapse that caused $250M in losses. The probe will examine potential connections between Milei and project developers following his promotion of the token before its dramatic crash.
LIBRA Memecoin Crash: 86% of Traders Suffer Massive Losses in $251M Collapse
A shocking analysis reveals devastating losses exceeding $1,000 for most investors in the LIBRA memecoin, previously endorsed by Argentina's president. The $251 million total loss highlights the dangers of celebrity-endorsed cryptocurrency investments and may trigger increased regulatory scrutiny.
Argentine President Faces Criminal Charges Over $4.5B Crypto Token Collapse
President Javier Milei faces fraud charges after endorsing $LIBRA token that crashed 94% following insider sales of $107M. The scandal has triggered impeachment calls and criminal investigations into the president's role in promoting the failed cryptocurrency project.
Argentine President Faces Criminal Charges Over Crypto Token Endorsement
President Javier Milei faces criminal fraud charges after promoting $LIBRA cryptocurrency that crashed 90% following his endorsement. Opposition calls for impeachment as investigators probe potential 'rug pull' scheme involving presidential office meetings with token developers.
Crypto Scandal: LIBRA Meme Coin Team Linked to Multiple Rug Pull Schemes
Blockchain analysts have uncovered concerning connections between the collapsed LIBRA meme coin and several questionable crypto projects, including the MELANIA token. The investigation began after LIBRA's market cap surged to $4.5B following an endorsement by Argentina's president, before crashing 90% amid suspicious trading activity.
Global Financial Survey Shows Growing Appetite for Crypto in Emerging Markets
A comprehensive Coinbase-commissioned study across Argentina, Kenya, Philippines, and Switzerland reveals widespread dissatisfaction with traditional financial systems and growing cryptocurrency adoption. The research highlights how developing nations, particularly in Africa, are leading the charge in embracing digital assets as solutions to financial challenges.
El Salvador and Argentina Form Historic Partnership to Advance Crypto Regulation
El Salvador and Argentina's regulatory bodies have joined forces to develop cryptocurrency frameworks and foster innovation across Latin America. The partnership between the nations' respective commissions aims to facilitate international expansion while maintaining proper oversight of digital assets.