Amid growing skepticism, Milei quickly deleted his post, stating that he had no knowledge of the project and would no longer support it.
Investigations later revealed that KIP Protocol, the team behind $ LIBRA, allegedly withdrew $87 million from the liquidity pool before distancing themselves from the scandal. To make matters worse, the team publicly celebrated their "success", sparking outrage in the media!
As investors suffered huge losses, online user @ shoucccc leaked personal information of individuals allegedly linked to the scandal, further fueling the controversy!
The $ LIBRA debacle has not only shaken investor confidence but could also have long-term repercussions on Argentinaβs crypto policies. The lack of transparency between the government and financial markets is now under global scrutiny!
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
β€19π19π€£14π±4π€ͺ2
Argentinian Opposition Plans to Impeach President Mile, Accusing Him of Promoting Cryptocurrency ScamβΌοΈ
Argentine opposition party has threatened to impeach President Milei, accusing him of promoting a cryptocurrency rug pull that caused the token's market capitalization to plummet from $4 billion to $418 million in a few hours.
π± @Money π± Twitter
Argentine opposition party has threatened to impeach President Milei, accusing him of promoting a cryptocurrency rug pull that caused the token's market capitalization to plummet from $4 billion to $418 million in a few hours.
Please open Telegram to view this post
VIEW IN TELEGRAM
π9β€4π±3π€·ββ1
Please open Telegram to view this post
VIEW IN TELEGRAM
π16π€£9β€4π1
π February 16, 2025 cryptocurrency news highlights
γCryptocurrencyγ
The number of American Bitcoin holders (~50m) has surpassed the number of Americans with student loans (~43m).
γEconomyγ
Argentine Official Statement: President Milei has requested the Anti-Corruption Office to intervene in the LIBRA issuance eventπ£
γIndicatorsγ
AI concept coins on BNB Chain generally rose, SHELL rose by more than 35% in 24 hours
γMoreγ
Strategy Poised to Join S&P 500 in June, Propelling Many Index Funds to Indirectly Invest in Bitcoin
π± @Money π± Twitter
γCryptocurrencyγ
The number of American Bitcoin holders (~50m) has surpassed the number of Americans with student loans (~43m).
γEconomyγ
Argentine Official Statement: President Milei has requested the Anti-Corruption Office to intervene in the LIBRA issuance eventπ£
γIndicatorsγ
AI concept coins on BNB Chain generally rose, SHELL rose by more than 35% in 24 hours
γMoreγ
Strategy Poised to Join S&P 500 in June, Propelling Many Index Funds to Indirectly Invest in Bitcoin
Please open Telegram to view this post
VIEW IN TELEGRAM
π17β€7
CZ: Sponsored 150 BNB for the Coin Rug Charity Dinner Event featuring the President of Argentina
February 17th, Cryptocurrency KOL EnHeng Hmm expressed, "The Argentine President's CBDC Rug Incident has hurt many people. As a college student, I deeply understand the impact of such a blow. To help affected friends, Hmm has decided to donate $50,000 and will accept donations through a BSC address to fund the EnHeng Charity Dinner sponsorship."
π± @Money π± Twitter
February 17th, Cryptocurrency KOL EnHeng Hmm expressed, "The Argentine President's CBDC Rug Incident has hurt many people. As a college student, I deeply understand the impact of such a blow. To help affected friends, Hmm has decided to donate $50,000 and will accept donations through a BSC address to fund the EnHeng Charity Dinner sponsorship."
Please open Telegram to view this post
VIEW IN TELEGRAM
β€19π15π±2