$TRX

Justin Sun Urges Argentine President to Return LIBRA Victims' Funds

Tron (TRX) founder Justin Sun has called on Argentine President Javier Milei to return the funds of investors affected by the LIBRA cryptocurrency. The memecoin's value plummeted 60% after its developers withdrew $87 million in USDC and Solana (SOL).

According to Sun, Milei is responsible for the incident and should urge the perpetrators to return the investors' funds and hold them accountable under the law.

"I highly respect President Milei. I believe you must take responsibility for this issue by urging the perpetrators to return the victims' funds and seeking accountability under the law," Sun wrote on the X platform.

He added that protecting investors' rights is a serious task that requires seriousness in responding to its violations.

As previously reported, Milei promoted the LIBRA memecoin, claiming it would fund Argentina's economic growth. However, the token's value collapsed after its developers withdrew their funds, indicating a rug pull or market manipulation that harmed many investors.