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
Burwick Law has filed a class action lawsuit in New York against Kelsier Ventures, KIP Protocol, and Meteora, accusing them of running a deceptive launch in the LIBRA token scandal. According to the lawsuit filed on Mar. 18, the token’s developers secretly manipulated liquidity to defraud retail traders of millions of dollars while misleading investors … Read more
Latest in crypto Africa from across the Africa crypto industry, the CAR crypto meme coin is now a scandal. Nigeria has an epidemic of crypto scams, and DCI was hacked in a Kenya crypto scam. Crypto is indeed a hotbed of innovation, but being a community-led industry, controversy is inevitable. The launch of MELANIA and … Read more