News with the tag "LIBRA Token"

The recent controversy surrounding the memecoin Libra (LIBRA) has sparked significant global attention, particularly following revelations about its alleged ties to prominent political figures and “questionable business practices.” According to reports from The Big Whale, the team behind Libra was a...

Argentina’s $LIBRA scandal, tied to President Javier Milei, rocked the crypto world in February 2025. Hyped as an economic savior, the memecoin hit a $4.5 billion market cap before crashing over 90% amid insider trading revelations. This mess, now under legal scrutiny, has sparked a reckoning for me...

On-chain data has revealed the staggering losses suffered by investors in the recent Libra (LIBRA) memecoin pump-and-dump scheme , with total losses surpassing $251 million. According to blockchain research firm Nansen, out of 15,430 wallets that traded the token for a profit or loss exceeding $1,00...

A Solana whale caused a market stir on Wednesday by heavily accumulating coins for staking purposes despite the ongoing meme coin panic on the network. On-chain data flagged that the whale withdrew 87K SOL, worth $14.8 million, for staking whilst the crypto’s price traded around the $169 level. In t...

A fresh controversy has erupted around the embattled Libra (LIBRA) token, as new reports claim that one of its key figures allegedly boasted about being able to pay Argentine President Javier Milei’s sister in exchange for promotional favors. According to a Feb. 18 report by La Nacion, text messages...

VanEck executive Gabor Gurbacs reflected a highly optimistic outlook towards the Argentinian President-backed LIBRA meme coin on Wednesday despite recent rug pull concerns. Notably, Gurbacs thinks that President Javier Milei can ‘fix the meme coin issues,’ and help the nation embark on an innovative...

The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to ...

The fallout from the LIBRA memecoin debacle continues to ripple through the Solana ecosystem. The founder of the token launchpad Pump.fun called for stricter protections against insider manipulation. The controversy erupted after LIBRA, a token briefly shared by Argentina’s President Javier Milei , ...

Libra (LIBRA), an Argentine President Javier Milei endorsed token, experienced a strong rise and hype and a sudden downfall. A single tweet from President Milei propelled LIBRA price $34.5 and a staggering $4.5 billion market cap. However, the rally was short-lived as the token lost 92% of its value...

Argentina’s crypto-friendly president, Javier Milei, has denied accusations that he endorsed the controversial Libra token, which suffered a dramatic collapse following his public mention. The fallout has led to multiple fraud lawsuits against him and even calls for his impeachment. In an interview ...