Comment
Author: Admin | 2025-04-27
However, the post was deleted within a few hours, causing its value to collapse and leading to millions in losses for those who invested in the token. The events were documented by the Kobeissi Letter in a thread on X. “Javier Milei just DESTROYED the memecoin market: Hours ago, Argentinian President Milei launched a memecoin, $LIBRA, for ‘the growth of their economy.’ Within 5 hours, over -$4.4 BILLION of market cap was erased. Is this the biggest rug pull in history? It all began with this post from Javier Milei at 5:01 PM ET. As seen during President Trump's memecoin launch, the first hour was full of speculation: Was this a hack or a real launch? It turned out to be real as multiple other Argentinian politicians posted the news.”Milei attempted to distance himself from the project, stating he had no ties to the initiative. “I was not aware of the details of the project, and after having become aware of it I decided not to continue spreading it.”The President’s office also issued a statement emphasizing that Milei was not involved in any crypto-related promotions or activities and removed the post to avoid further speculation. However, a lawyer and one of the plaintiffs countered there was an illicit association to perform an indeterminate number of frauds. “Within this illicit association, the crime of fraud was committed, in which the president’s actions were essential.”Indian Authorities Seize $190M Tied To Ponzi Scheme Indian law enforcement agencies have seized almost $190 million in
Add Comment