Argentine

Argentine lawmakers approve probe into LIBRA memecoin scandal 

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Argentine lawmakers approve probe into LIBRA memecoin scandal 

Argentina’s Chamber of Deputies has approved a formal investigation into the LIBRA memecoin scandal after the token’s collapse wiped out over $280 million in value from nearly 75,000 traders. In a special session held Apr. 8, lawmakers backed three resolutions aimed at uncovering the truth behind the controversial token’s launch and rapid crash. The first … Read more

Milei’s meme madness dampens Argentine stock market

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Milei’s meme madness dampens Argentine stock market

Meme coin tremors shook Argentina’s stock market as President Javier Milei was sued over the launch of the LIBRA token. The S&P Merval, Argentina’s stock market index, fell 5% as markets opened on Feb. 17 following a tumultuous weekend involving the Solana-based meme coin Libra. The index, which tracks Argentina’s largest publicly traded companies, similar … Read more