Argentina Scandal Fuels Selloff on Favorite Memecoin Platform
The Solana cryptocurrency sank to the lowest level since early November as the president of Argentina became embroiled in a scandal involving a memecoin launched on the token’s blockchain.
Argentina scandal fuels sell-off on favourite memecoin platform
Solana cryptocurrency sinks to the lowest level since early November after scandal involving President Javier Milei.
Memecoin scandal rocks Argentina’s Javier Milei
Argentina’s libertarian president Javier Milei has been buffeted by a scandal over his promotion of a memecoin that soared in value before collapsing, triggering impeachment calls and lawsuits.
Advertised by Javier Milei: Almost all traders have lost $Libra with memecoin
After Argentina's president advertised a memecoin, the value briefly rose massively. Now an analysis shows who benefited from this.
Memecoin Scandal Threatens Argentine President Javier Milei
Argentinian president Javier Milei is facing calls for impeachment and a possible criminal investigation for his role in the rise and fast collapse of a memecoin.
Argentina Markets Drop 6% Following Presidential Memecoin Controversy
A Solana-based memecoin endorsed by Argentina's president collapsed within hours of launch, triggering political chaos and corruption allegations, while FTX began repaying customers affected by its 2022 collapse.
How did Argentina’s president Javier Milei pull off the largest crypto rug pull in history?
Argentina’s president Javier Milei literally wiped out the meme coin market in just five hours today, and might have incinerated his reputation along with it.
Argentina President Milei facing impeachment calls after promoting cryptocurrency whose value has tanked
Argentina President Javier Milei is facing withering criticism, including some calls for impeachment, after promoting a new cryptocurrency on his social media account.
Argentine President Javier Milei endorsed a memecoin that lost $4 billion in hours. Now a judge is investigating him for fraud
Milei’s memecoin foray has led to a flood of finger-pointing over who was responsible for the cryptocurrency’s crash.
Javier Milei's memecoin scandal
Javier Milei's controversial post "caused a political firestorm", said The New York Times, with opponents describing him as a "crypto scammer". On Friday, Milei, a former private sector economist, posted on X about the $LIBRA coin which he promised would help fund small businesses and start-ups.
Libra crypto scandal: 86% of traders lost money on Javier Milei-endorsed memecoin
Argentina’s President Javier Milei has found himself at the center of a cryptocurrency scandal after a token he promoted, Libra, led to massive losses for retail traders. Research firm Nansen estimates that 86% of those who invested in the memecoin lost money,
CoinDesk14h
LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows
LIBRA debuted on Meteora, a Solana-based decentralized exchange, last Friday and quickly surged to a market cap of over $4.5 ...
What the memecoin bubble bursting means for crypto
To unpack what this all means for the broader industry, Coinage sat down with Ikigai Asset Management founder Travis Kling, ...
The Daily Hodl2d
Argentina Memecoin LIBRA Created by Same Team Behind First Lady’s MELANIA: Bubblemaps
The volatile memecoin LIBRA was created by the same team behind US First Lady Melania Trump's MELANIA asset, according to the ...
CoinDesk1d
Will Argentinian President Milei's Crypto 'Fiasco' Be a Deathblow for Memecoin Craze?
The latest frenzy that started with U.S. President Donald Trump's TRUMP memecoin launch and saw traders making and losing ...
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Argentina’s Milei Denies Wrongdoing as Libra Memecoin Scandal Sparks Lawsuits, Political Backlash
President Javier Milei addressed the growing controversy surrounding his involvement with the Libra memecoin. The token surged in value before crashing, triggering investor losses, lawsuits, and calls ...
Argentina president clarifies LIBRA memecoin stance amid fraud charges
Hayden Davis, an advisor and self-proclaimed "facilitator" of the Libra project, has blamed Milei for the token's downfall, claiming that the president's withdrawal of support contributed to the ...