• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Fraud Claims: How Javier Milei Influenced the LIBRA Token Collapse

user avatar

by Giorgi Kostiuk

2 days ago

Argentine President Javier Milei is under scrutiny for fraud allegations related to the LIBRA cryptocurrency, which rapidly lost value.

Legal Action and Allegations

Lawyers representing the plaintiffs claim that Javier Milei participated in an illicit association to defraud investors. The case is now under review by Argentina’s criminal justice system.

Every day they confirm how vile politicians are.Javier Milei

What Happened with LIBRA?

Developed on the Solana blockchain, LIBRA saw a massive surge in value after Milei’s endorsement, reaching a market cap of $4.56 billion before crashing by over 94% within 11 hours.

Milei’s Response: Denial and Counterattack

After deleting his post, Milei claimed no direct involvement. He requested the Anti-Corruption Office to investigate government members.

All information gathered will be handed over to the judiciary to determine any criminal activity.

The fraud allegations against Javier Milei have sparked public interest, leading to political instability and potential impeachment proceedings.

0

Share

Other news

Prospects for Arctic Pablo Coin, Brett, and Shiba Inu

Arctic Pablo Coin introduces innovations, while Brett shows growth, and Shiba Inu maintains its position.

user avatarGiorgi Kostiuk

7 minutes ago

Spotify Stocks on the Verge of a Short-term Correction

Spotify stocks may face a correction due to sell signals and RSI in the overbought zone.

user avatarGiorgi Kostiuk

7 minutes ago

BlockDAG's Mining Apps Take the World by Storm

BlockDAG's mining apps X1 Miner and TG Tap Miner are gaining popularity, attracting hundreds of thousands of users.

user avatarGiorgi Kostiuk

7 minutes ago

Franklin Templeton Launches New Crypto ETF with Bitcoin and Ethereum Exposure

Franklin Templeton's new ETF EZPZ on Cboe BZX offers low-cost access to Bitcoin and Ethereum.

user avatarGiorgi Kostiuk

7 minutes ago

ECB Enhances Banking Efficiency with Blockchain Technology

The European Central Bank plans to implement blockchain technology for monetary transactions.

user avatarGiorgi Kostiuk

8 minutes ago

KuCoin EU: MiCAR License and New Hub in Vienna

KuCoin EU applies for MiCAR license in Austria to operate in EU and EEA nations, launches headquarters in Vienna.

user avatarGiorgi Kostiuk

9 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.