The fallout from the $LIBRA cryptocurrency collapse is quickly turning into a full-blown political and legal crisis in Argentina. At the center of it all is President Javier Milei, whose public support for the token earlier this year is now under intense scrutiny. What started as a flashy meme coin promotion has spiraled into asset … Read more
The Solana-based LIBRA token, initially promoted by Argentinian President Javier Milei, collapsed within hours of its launch. The collapse wiped out $4.4 billion in market capitalization and affected the overall meme coin market. The incident began with Milei’s social media post at 5:01 PM ET, promoting a token purportedly aimed at “boosting the Argentine economy … Read more
Oh no, the crypto market is down and keeps dipping even after a small recovery. A series of unfortunate events, including statements and actions by Argentina President Javier Milei, have contributed to this fall. Milei and Hayden Davis with LIBRA did us a reverse Midas touch and liquidated even big retail players. Today, the crypto … Read more