Libra

🚨 $280M Crypto Scandal: Argentina’s President Under Fire Over Meme Coin Meltdown 🇦🇷

In February 2025, Argentine President Javier Milei publicly endorsed LIBRA, a new meme coin, calling it “a tool for economic freedom.”

🚀 The coin soared as retail investors rushed in.
💥 Days later, it crashed 90%, wiping out $280M+ in value.
📉 Trust in local exchanges collapsed.

Now, Milei is facing:

100+ criminal complaints in Argentina ⚖️

A federal investigation into market manipulation 🔍

A U.S. class-action lawsuit accusing him of misleading promotion 💼

Calls for impeachment by opposition leaders 🧨

“I believed in the project. I never profited from it.” - Milei.

But critics say this was a "state-backed pump and dump."

As chaos unfolds, Bitcoin adoption is rising, while altcoins and meme tokens face major skepticism in Latin America.

Is this a turning point for responsible crypto leadership?

🧠 Lessons:

Public figures shilling unregulated coins = dangerous.

Decentralization ≠ immunity from accountability.

Trust is everything in crypto.

#CryptoNews #Argentina #libra

and #libra ? beware of scammers on the prowl

#LIBRA Hayden Davis, creator of the LIBRA project, filed documents in a U.S. court, recognizing LIBRA as a memcoin for the first time and denying that it is an investment project with a business plan, contradicting the statement of Argentine President Javier Milea that the token is "designed to stimulate the Argentine economy.

#StablecoinLaw #NFTMarketWatch

Latest News: LIBRA's founder Hayden Davis has filed documents in a U.S. court, acknowledging for the first time that LIBRA is a meme coin, and denying that it is an investment project with a business plan. This contradicts Argentine President Javier Milei's statement that the token is aimed at stimulating Argentina's economic development. This news may undermine market confidence in LIBRA as an investment tool.

Currency: $LIBRA
Trend: Bearish
Trading Suggestion: LIBRA - Short

#LIBRA
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About 3.7 million #BTC remained idle for 10 years, that is, they can be considered lost. But maybe the addresses and passwords of wallets are still stored on old laptops and PCs?

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A legal business that can be run in parallel with the main job, does not require extra effort, and even with the possibility of winning the jackpot.

In short, instead of chasing memecoins and buying #libra or #PEPE‏ or waiting for the price of #TRUMP to recover - think about what I wrote. It's better than getting into futures without trading experience, losing your last.

I won't do this, because I've spent many years trading. But for those who have just come to cryptocurrency, this is a good alternative to becoming the second Satoshi Nakamoto.

If any of you take this idea into service and find a hundred bitcoins on an old Pentium, I'll be glad.Thank you.

🚨 NEWS ALERT 🚨

🇦🇷 Argentina's President #JavierMilei orders investigation into $LIBRA cryptocurrency rug pull that he promoted. This action was taken after the Argentina's opposition threatens to impeach President Javier Milei for promoting a crypto #Rugpull .

#libra #Rugpullscam

💥💥💥Libra Case: request for the arrest and extradition of Hayden Davis to Argentina The request was presented by lawyer Gregorio Dalbón, who also asked for the issuance of a red alert from Interpol.

Dalbón warns that Davis could take measures to escape justice. The implicated played a key role in the creation of the Libra token, promoted by Milei.
Several weeks after the disastrous launch of the Libra token, lawyer Gregorio Dalbón fears that Hayden Davis, a key figure in the creation of the project, will attempt to flee his country of residence and go underground. Therefore, he has submitted a request to prosecutor Eduardo Taiano for an international arrest order and to activate a red alert from Interpol.
Dalbón bases his request on the considerable losses suffered by investors and the wide international repercussions of the case. According to local media reports, in his writing, he states: "Given the magnitude of the scandal and the substantial losses incurred by investors, it is evident that there is a procedural risk posed by Hayden Mark Davis remaining at liberty. His central role in the creation and promotion of the cryptocurrency Libra, along with the global impact of the case, increases the likelihood that he will take measures to evade justice."

This is not the first complaint against those involved in the Libra case from the U.S. In mid-February, the law firm Moyano y Asociados, based in Pennsylvania, filed a lawsuit alleging that both Argentine and American citizens were victims of a fraud involving Javier Milei and Hayden Mark Davis. In the document, signed by the managing partner of the firm, Mariano Adalberto Moyano Rodríguez, a wealth investigation of several of those involved is requested, including Julián Peh, Mauricio Novelli, Terrones Godoy, and Davis himself.
#Milei #libra

Regarding the Situation with the President of #argentina

1. Every day, influencers launch hundreds of identical tokens on $SOL  , and people lose millions daily—yet no one seems to question the need for legal investigations! But if the president tweets about a token, then it’s automatically a scam? So, are we applying double standards based on the status of the person promoting the token?

2. What is this ridiculous information about the "team" behind the #libra  token? What team exactly, and what did they even do? Did they just gather a focus group to come up with a name and ticker? Pressed two buttons to deploy a contract on Solana while paying 5$ in gas fees? Why would a shitcoin—especially on Solana—even need a team? Maybe a marketing team at best?

3. How do people at Milei’s level even get involved in such nonsense? Either he was aware of the plan from the start, or he’s just an idiot, or maybe he doesn’t even run his own Twitter account—some "team" does.

4. People lost money! Yes, imagine that—99% of people lose money on meme tokens! Everyone acts so surprised as if this is something new. The only difference is that when people lose money on other tokens, they stay quiet about it because they’re too ashamed to admit their stupidity—falling for yet another dog-themed token and losing a couple of thousand dollars. But if you lose money on the president’s meme token, then suddenly it’s a scam? You were robbed? No, you’re just a clown with a gambling addiction.

#LIBRA
🍒While we were sleeping, another global scam happened

Argentine President Javier Miley announced the launch of the LIBRA token in X. The project was immediately suspected of being a scam.❌

Insider traders immediately appeared, buying the token in the first seconds and earning millions of dollars. The team behind LIBRA dumped the tokens and withdrew about $87.4 million.

Soon, the president deleted the tweet and published a new one with excuses. It turns out that he was not aware of all the details and blamed the opposition for everything.🤷‍♂️

In the morning, LIBRA peaked at $4.5 billion FDV, now $150 million.

Congratulations, if you slept through the loud launch of the president's meme coin again, this time it was justified 😂

— fucking wild west

Are MELANIA and LIBRA Organized by the Same Shadow Group? 😱

The crypto world is reeling from a bombshell report by blockchain analytics firm Bubblemaps, alleging that meme coins MELANIA and LIBRA are linked in a coordinated “pump and dump” scheme. The investigation uncovered cross-chain transactions connecting the two tokens, with shared wallet addresses suggesting insider manipulation.

A key player is wallet 0xcEA…, tied to MELANIA’s team, which funded DEfcyK…, the creator of LIBRA. This wallet reportedly made $2.4M through sniper trades on MELANIA’s launch, then replicated the strategy with LIBRA, amassing $6M. Both tokens saw identical trade patterns, including synchronized price pumps and dumps.

Bubblemaps also linked DEfcyK… to an $87M transaction, a hallmark of pump-and-dump schemes. The same group allegedly launched multiple tokens with similar short-lived spikes before abandoning them. Cross-chain tools like CCTP, while legitimate, were used to obscure fraudulent activity.

This scandal highlights the risks of anonymous meme coin projects and the urgent need for transparency. Analysts warn investors to scrutinize wallet histories and trading patterns. As the crypto community demands accountability, this case is a stark reminder: if a deal seems too good to be true, it probably is.

#MELENIA #libra #Bubblemaps $TRUMP

🔥 Libra Coin: A Political Memecoin Disaster 🔥

Argentina’s President Javier Milei sent the LIBRA memecoin on $SOL soaring to a $4.5B market cap with just one tweet.

Then, just as fast, the token crashed by 90%, and insiders withdrew $107M! Milei deleted his tweet and distanced himself from the project, claiming he had no knowledge of its inner workings. Despite his denial, the damage was done.

This is yet another reminder that celebrity-endorsed memecoins are a dangerous game. Just because a public figure promotes a crypto project doesn’t make it legitimate.

#libra #argentina

Now this is insane. You cannot justify such things in any form, People lose their life savings,
But trust me, people manipulating and gaining it overnight lose everything overnight too.
#LIBRA chart picture from @Umair Nauman

📊 Crypto enthusiasts are comparing the difference between the presidential shitcoins LIBRA and TRUMP and the simple yet effective Bitcoin strategy of El Salvador's president.

#Salvador
#news #TRUMP #libra #scam $BTC $TRUMP

Argentine Officials Claim They Are Not Intervening in $ LIBRA Crypto Controversy

Argentine officials have said they lack the power to meddle in the continuing $ LIBRA affair, which generated a lot of debate when President Javier Milei became involved. Authorities claim that sales and marketing of the $LIBRA token are beyond their purview.

The National Securities Commission (CNV) of Argentina has underlined that present rules do not address situations like the advertising of digital assets on distributed platforms. Regarding $ LIBRA, the problem started when the token was sold on the unregistered Solana blockchain after being promoted on social media without any registered middlemen in Argentina.

Local media sources claim that the present legal system leaves authorities without basis to intervene as it just does not cover the advertising of tokens on distributed networks.

Long pushing for more control in the crypto sector, the CNV particularly targets Virtual Asset Providers (PSAV). Though the government is advocating more stringent regulations, it has not intervened with the $ LIBRA issue. Industry sources claim that when $LIBRA first started off, it wasn't accessible on regular wallets like Lemon, registered as PSAVs in Argentina. Rather, it was only accessible on distributed exchanges (DEXs) and wallets running the Solana blockchain.

Regulators in the $LIBRA case have not acted immediately as activities utilizing distributed platforms usually demand for a high degree of technical competence. But the debate has shown a notable discrepancy in laws pertaining to the encouragement of cryptocurrency on distributed systems. This has sparked questions over the effects of such unchecked behavior on the local market of Argentina.

Regarding the legislative framework, the CNV has been working for about a year to create a PSAV registry to help to better coordinate Argentina's crypto scene. Over 120 businesses have so already registered on the list, indicating progress toward a more established and ordered industry.

#libra #FTXrepayment #SOLPriceWatch

🚨📢

"Good news for my followers. Tomorrow I will launch my own memecoin.

You will not get rugged any more by shit country shit coins.

You can cover all your losses tomorrow by investing in a memecoin that will be backed by me.

$100M MC will be our first target in 72 hours."

These are not my words but many influencers are going to do this soon.

After $TRUMP , #libra & #car many influencers will do this and will scam with their followers.

Always recommend to stay away from them and look for solid projects that have real use case.

Stay away stay safe 🙏.

🚨 BREAKING 🚨

Hayden Davis, CEO of Kelsier Ventures, testifies in the ongoing LIBRA coin legal battle in New York.

Davis insists on his innocence amid claims from U.S. investors who lost funds after LIBRA's rise & collapse.

Stay tuned for updates on this unfolding case. 📉👨‍⚖️

#LIBRA #HaydenDavis #Crypto #Blockchain #LegalNews $WCT

Judging from the on-chain data, this insider not only purchased a large amount of LIBRA, but also involved the flow of funds in the contract deployer's wallet. It should be noted that although the current loss is serious, this operation usually involves a longer-term layout, which may be waiting for the market to adjust or the arrival of greater momentum.
If this whale continues to hold these LIBRA, market fluctuations in the next few days may determine the fate of this fund. What do you think of this large amount of capital inflow and outflow operation?
#libra #BNBChainMeme热潮 #sol #om #PEPE‏ $BNX $TST