Argentina’s prosecutor has frozen $100 million in crypto assets linked to LIBRA Coin amid an investigation into market manipulation and insider trading involving President Javier Milei. The probe follows allegations of fraud and power abuse, as 86% of LIBRA traders reportedly suffered losses after the coin’s value plummeted. Political turmoil ensues, with calls for Milei’s accountability and potential impeachment, while regulators focus on future rules for virtual asset providers.
read moreJavier; Taiano
0 posts last weekArgentine Prosecutor Seeks to Freeze Assets from LIBRA Crypto Scandal
Argentine Prosecutor Eduardo Taiano has moved to freeze $100 million in assets linked to the LIBRA meme token scandal involving President Javier Milei, who promoted the token before its collapse. Taiano is also seeking records of LIBRA transactions and deleted social media posts related to the case. The investigation follows allegations of fraud and a potential pump-and-dump scheme after the token’s value surged to $4.5 billion before plummeting.
read more