JavierMilei

Billionaire and tech mogul Elon Musk stunned the crowd at the Conservative Political Action Conference (CPAC) on Thursday when he took the stage wielding a red chainsaw, a gift from Argentine President Javier Milei. The move symbolized his stance against excessive government spending and bureaucracy.
During his speech, Musk harshly criticized the Democratic administration, accusing it of "betrayal," and vowed to support an audit of the Federal Reserve System (Fed). His remarks further solidified his position as one of President Donald Trump’s most influential advisors.
Criticism of Immigration Policy and Fight Against Government Waste
Musk took direct aim at Biden’s immigration policies, particularly an app that allowed one million migrants to gain two-year work permits in the U.S.. He condemned unchecked migration, warning about its economic and security impact.
Speaking at CPAC, Musk emphasized the urgent need to cut government spending and reduce bureaucracy to keep the U.S. competitive. He compared his vision to that of Argentine President Javier Milei, who is implementing radical economic reforms in Argentina.
Symbol of the Chainsaw: "End Bureaucracy!"
Before the conference, Musk met with Argentine President Javier Milei, who presented him with a chainsaw engraved with the phrase "Viva la libertad, carajo" (English: "Long live freedom, damn it!"). Musk called it a "chainsaw for bureaucracy", making his stance against government inefficiency crystal clear.
He also joked that El Salvador’s President Nayib Bukele was worried about his safety, hinting that he too is battling outdated government structures.
Musk: "My Mind Is Like a Storm!"
When asked about his way of thinking, Musk gave a short but powerful response:
"My mind is a storm. It’s a thunderstorm."
The remark was met with enthusiastic applause from the audience, which increasingly sees Musk not only as a tech visionary but also as a key figure in the fight against overregulation.
Bannon Overshadowed by Musk: "I’m Just a Crazy Irishman!"
Following Musk on stage was former White House strategist Steve Bannon, whose entrance received a far more subdued response. Aware of the contrast, he jokingly remarked:
"How did I get the card to follow Elon Musk? I’m just a crazy Irishman!"
This self-deprecating comment was one of the few moments that elicited genuine audience reaction during Bannon’s speech.
Musk Strengthens His Political Influence
Musk’s electrifying appearance at CPAC 25 was yet another sign of his growing influence in American politics, particularly among conservatives. As a close advisor to Donald Trump, he now plays a key role in shaping economic policy, technological progress, and government regulations.
With a chainsaw in hand and a vision for radical change, Musk made it clear that his political engagement is just beginning. 🚀

#ElonMusk , #JavierMilei , #CryptoNewss , #FederalReserve , #DonaldTrump

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Javier Milei, the president of Argentina, is embroiled in a controversy related to the Libra (LIBRA) cryptocurrency. He had announced the launch of the cryptocurrency on his official X account, promising that it would boost the Argentine economy by funding small businesses and startups.
However, the cryptocurrency collapsed just hours after its launch, losing 89% of its value and raising suspicions of market manipulation. The token’s creators withdrew around $107 million, wiping out nearly 94% of the token’s value in a matter of hours.

On February 15, 2025, Argentine President Javier Milei sparked controversy after promoting a new cryptocurrency ($Libra) via his X account, describing it as a “private project” aimed at supporting the growth of the Argentine economy by funding startups.

💰 Within minutes, the value of the currency exploded to $4.5 billion, attracting thousands of investors. But the big shock came quickly, as the currency collapsed within hours, leaving behind huge losses!

The crypto world is wild, unpredictable, and sometimes downright bizarre. This past week, we've witnessed events that even Hollywood screenwriters couldn't dream up. From an unexpected live stream disaster, to a viral dog marketing stunt, and even political turmoil tied to crypto.
Here’s a breakdown of the six craziest moments that rocked the market!
1. NEAR Protocol’s Accidental NSFW Livestream – Token Pumps 6%
In the crypto world, any publicity is good publicity – and NEAR Protocol just proved that.
During a public conference call, a former NEAR Protocol manager accidentally live-streamed explicit content. What was supposed to be a routine meeting turned into an awkward viral moment that spread across the crypto space in minutes.
The result? NEAR’s token pumped 6%.
Apparently, in crypto, scandals make for bullish price action! 🚀📈

2. Vitalik Buterin Tweets About Communism – ETH Pumps 5%
Ethereum’s co-founder, Vitalik Buterin, is known for his deep thoughts on decentralization, but this week, he took things in a different direction. He tweeted:
🟥 "Make communism great again Milady." 🟥
ETH’s price immediately jumped by 5%.
Who would have thought that communism could be bullish?! 😆

3. CZ Doxxes His Dog "Broccoli" – BSC Goes Crazy 🐶🥦
Former Binance CEO Changpeng "CZ" Zhao pulled off a surprise marketing stunt by introducing the world to his dog, Broccoli.
The goal? Bring more liquidity to Binance Smart Chain (BSC).
And it worked like magic – within hours, over 1,000 "Broccoli"-themed meme coins were launched!
Turns out, even a dog can pump the crypto market. 🐕💰

4. Central African Republic President Launches a Token – Then It All Falls Apart 🌍💸
The President of the Central African Republic announced the launch of a new token via Twitter.
Investors rushed in, pumping its value to $500 million.
Then, suddenly:
🚨 The official Twitter account was suspended.
🚨 The project’s website went offline.
🚨 Concerns about token supply manipulation emerged.
Within hours, the token crashed 96% – another reminder that political crypto projects can be risky AF. 🤦‍♂️

5. Argentina’s President Milei Launches LIBRA – The Pump and the Dump
Argentine President Javier Milei launched a new token called LIBRA, which soared to a market cap of $4.5 billion in no time.
But what happened next?
👀 Developer wallets started draining liquidity, pulling out over $87 million.
📉 LIBRA’s price crashed by 90%.
This turned into one of the biggest crypto rug pulls of the year.

6. Impeachment Incoming? Milei Under Investigation for LIBRA
Just days after LIBRA’s collapse, rumors started flying about a possible impeachment for President Milei.
Independent crypto sleuths are investigating potential ties between Milei and crypto insiders who helped launch LIBRA.
The result? One of the biggest political-crypto scandals of the year – and possibly, the first-ever impeachment triggered by a meme coin. 🏛️🔥

What’s the takeaway?
This week in crypto was a rollercoaster of insanity, proving once again that this space has no rules, only vibes.
🔹 Scandals pump tokens.
🔹 One tweet can move markets.
🔹 A dog named Broccoli can spark a meme coin frenzy.
🔹 Politicians are jumping into crypto – and it’s not always ending well.
What do you think about this week’s craziness? Which event shocked or entertained you the most? Drop your thoughts in the comments! ⬇️💬

#CryptoScandal , #CryptoNewss , #nearprotocol , #JavierMilei , #VitalikButerin

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Notice: This article is for educational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry risks and may result in financial losses.

Argentina's Congress has officially launched an investigation into the LIBRA cryptocurrency scandal, approving the creation of a special committee to uncover the truth behind a dramatic crash that left tens of thousands of investors in financial ruin — and placed President Javier Milei at the center of controversy.
The storm erupted in February, when Milei publicly promoted the Solana-based memecoin LIBRA on his official X account, calling it a "private initiative" aimed at boosting Argentina's startup ecosystem. The token skyrocketed to a stunning $4.5 billion valuation, only to crash by 90% within 24 hours. The result: over $250 million in losses and around 75,000 affected wallet holders.
Milei quickly deleted the promotional post, claiming he “was unaware of the project’s details.” But the damage was done — and the public demanded accountability.

Investigation Targets Top Government Officials
Congress has now approved the creation of a special commission that will summon high-level officials including Economy Minister Luis Caputo, Justice Minister Mariano Cúneo Libarona, Chief of Staff Guillermo Francos, and National Securities Commission head Roberto Silva. The resolution passed with 128 votes in favor, 93 against, and 7 abstentions.
The committee will also request documentation from the national government to determine whether individuals close to Milei were involved in the alleged scam.

Private Project or Political Trap?
LIBRA is closely linked to Hayden Davis, CEO of Kelsier Ventures, who allegedly pitched the project to Milei in a January meeting. In March, an Argentine attorney called for Davis’ arrest over fraud allegations.
A New York-based law firm has also begun rallying affected investors to join a potential class action lawsuit.

Milei’s Second Crypto Scandal
This isn’t Milei’s first brush with crypto controversy. Back in 2022, he faced a lawsuit for promoting CoinX, an investment platform that promised large returns — but delivered losses and disappointment instead.

#libra , #memecoin , #JavierMilei , #CryptoNewss , #Cryptoscam

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

LIBRA: From Skyrocketing Success to a Devastating Crash
The latest memecoin craze, which gained momentum after the launch of TRUMP token backed by Donald Trump, may have reached its breaking point—the LIBRA token fiasco.
The project, built on the Solana blockchain and promoted by Argentinian President Javier Milei, saw its market cap soar to $4.5 billion, only to crash by over 80% within hours as insiders cashed out, leaving many retail investors with heavy losses.
The incident quickly became an international political scandal when Milei deleted his tweet endorsing LIBRA, denied any association with the project, and blamed the political opposition for manipulating the situation. Soon after, Argentina’s opposition party discussed impeachment, causing instability in the country’s stock market.
But the controversy deepened—leaked messages revealed that a key figure behind LIBRA claimed to have paid for access to Milei’s inner circle months before the token's launch and collapse.
🔥 Is This the End of the Memecoin Era?
Memecoin scams are nothing new, but this incident highlights the risks of unregulated trading. According to FRNT Financial, LIBRA could be a turning point for the entire sector.
📉 "At this point, memecoins are synonymous with ‘pump and dump’ schemes.” – FRNT Financial
Analysts suggest that interest in memecoins has been fading following the hype around TRUMP and MELANIA, with this latest controversy further damaging the sector’s reputation.
Chris Chung, founder of Titan, a Solana-based swap platform, emphasized the need for greater accountability in DeFi:
💬 "The $LIBRA fiasco should serve as a reminder that we in the DeFi community have a responsibility to make this space safer for users."
🔎 How the “Fiasko” Unfolded
The entire LIBRA saga played out within days, starting on February 14.
🔹 The token launched on Solana-based DEX Meteora, with Milei posting (and later deleting) a tweet claiming LIBRA was meant to help Argentina’s economy grow—a massive endorsement for a memecoin.
🔹 The token’s market cap surged to $4.4 billion within hours before insiders dumped their holdings, pocketing nearly $100 million, according to on-chain analysis.
🔹 The next day, Milei deleted his tweet, sparking panic among memecoin holders and triggering massive sell-offs in TRUMP, MELANIA, and similar tokens.
🔹 Solana (SOL), the blockchain supporting LIBRA, saw its native token drop as well.
🔹 The Argentine opposition called for Milei’s impeachment, intensifying the political fallout.
📉 The result? LIBRA wiped out $4.5 billion in retail capital within seven hours and now holds a market cap of just $500,000.
👀 Insider Trading and Controversial Figures
Several high-profile figures were linked to the LIBRA scandal, including Dave Portnoy, Threadguy, Hayden Davis, and FaZe Banks.
🔹 Portnoy admitted to being an early investor and claimed he was refunded, fueling speculation that insiders had an unfair advantage.
🔹 Davis, who was behind both LIBRA and MELANIA, denied it was a "rug pull", instead calling it "a plan that failed miserably."
Meanwhile, Ben Chow, co-founder of DEX Meteora, resigned on February 17 amid the controversy.

🚨 Shocking revelation: On February 18, leaked messages suggested Davis claimed he could "control" Milei due to alleged payments to Karina Milei, the president’s sister and a powerful figure in his administration.
⚠️ What’s Next for Memecoins?
This entire controversy suggests that the memecoin market is at a turning point.
🔹 Institutional investors are shifting focus to BTC and ETH, while memecoins remain the most volatile and unpredictable crypto segment.
🔹 Reputation damage and increased scrutiny could lead to declining interest in the sector.
Chris Chung warned:
💬 "This whole story is a massive setback for the crypto space. If we want to attract new retail users, this is NOT the way to do it."

#JavierMilei , #libra , #CryptoScandal , #CryptoNewss , #MileiMemeCoinControversy

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Argentine President Javier Milei is preparing for a crucial trip to Washington, where he hopes to gain Trump’s support and secure financial aid from the International Monetary Fund (IMF).
📊 This visit comes as Milei faces domestic criticism for briefly promoting the LIBRA memecoin, which led to billion-dollar investor losses and fraud accusations.
Meeting with Trump: Milei Pushes for Financial Support and Trade Exemptions🤝
Milei’s trip to the U.S. is a high-stakes diplomatic move—beyond seeking financial relief for Argentina’s struggling economy, he also aims to negotiate exemptions from trade tariffs imposed by Trump’s administration.
📢 According to Buenos Aires Herald:
🔹 IMF negotiations began in December 2024, and Milei believes new funding will accelerate his ambitious economic reforms.
🔹 He expects that Trump’s support will help secure an IMF deal to stabilize Argentina’s economy.
🔹 However, his trip is overshadowed by the LIBRA memecoin scandal, which has sparked negative reactions from investors and politicians alike.
LIBRA: The Crypto Scandal That Shook the Market 💸📉
Last Friday, Milei posted on X promoting the LIBRA cryptocurrency, claiming it was designed to support small businesses and startups.
📉 What happened next?
🔻 Milei’s post briefly sent LIBRA’s price soaring to a two-month high of $0.00184.
🔻 Within hours, he deleted the post, triggering an 85% price crash to a historic low of $0.0005237.
🔻 Financial data site Dexscreener estimated that LIBRA holders lost over $4.5 billion, leading to widespread fraud accusations.
📢 Many compared the situation to some of the biggest crypto scams in history.
💬 Barstool Sports founder Dave Portnoy called it one of the worst “rug pulls” ever seen in the crypto world.
Milei Denies Involvement, but Legal Complaints Are Piling Up ⚖️🛑
Milei quickly distanced himself from LIBRA, with his government denying any connection to the project.
📢 Argentine authorities stated:
“President Milei was never involved in the creation or promotion of LIBRA. His social media post was routine and was deleted to prevent speculation.”
💼 However, legal action has already begun.
🔹 On Sunday, lawyers filed a criminal complaint against Milei for fraud and aiding an unlawful conspiracy.
🔹 Opposition leader Cristina Fernández de Kirchner accused Milei of manipulating the market and deceiving thousands of investors.
🔹 Some opposition politicians have even called for his impeachment, but given Argentina’s congressional structure, this move is highly unlikely to succeed.
Milei’s Popularity Holds, But Concerns Grow 📊🤔
Despite the LIBRA scandal, Milei’s approval ratings have remained stable.
📈 Why?
✅ Inflation has dropped to 2.2% (as of January 2025).
✅ Real wages are increasing.
✅ Public approval remains at 47%.
📢 But political analysts warn:
💬 “Milei is stabilizing the economy, but his impulsive decision-making could weaken public trust in his government,” says Alejandro Catterberg, director of Poliarquia.
💬 “Macroeconomic balance must go hand in hand with emotional stability. These types of incidents create unnecessary uncertainty.”
What’s Next? Can Milei Succeed in the U.S.?🔍
Milei is attempting to gain Trump’s support, negotiate financial relief for Argentina, and recover from the damage caused by the LIBRA scandal.
🔺 Will Trump help him secure IMF funding?
🔺 Could this crypto scandal undermine his political position?
🔺 How much will the memecoin controversy hurt his credibility?
🤔 What do you think about Milei’s strategy? Will this visit help him push forward his reforms, or is he walking into a political trap? Share your thoughts! ⬇️

#JavierMilei , #DonaldTrump , #libra , #CryptoNewss , #CryptoMarket

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“