LIBRA

$99 million was withdrawn from the liquidity pool of the Libra token

26 minutes ago 1 min read

A significant crypto scandal has emerged in Argentina involving the Libra token (LIBRA). Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement. Blockchain analytics firms, Chainalysis and Nansen traced these withdrawals to wallets associated with the token’s creator. Chainalysis found that eight wallets withdrew around $99 million from the liquidity pool. These wallets received tokens directly from the creator, showing a close

Vitalik Buterin supports Argentina’s crypto community after the LIBRA scandal

8 hours ago 1 min read

Vitalik Buterin strongly supports Argentina’s crypto community. He proposed that Argentina host Devconnect following the LIBRA scandal. President Javier Milei welcomed the idea, saying it was an honor for the country. Buterin’s stance on the LIBRA controversy remains unclear. Buterin praised Argentina’s crypto growth. He thinks it demonstrates how digital assets can offer true economic freedom. He is still hopeful about the country’s progress in blockchain and crypto, despite the

Argentina President Denies Promoting LIBRA

February 19, 2025 2 mins read

President Javier Milei recently addressed the controversy surrounding LIBRA, a meme coin project. In an interview, he denied promoting LIBRA, stating he only shared information about it to help Argentine entrepreneurs. He described the situation as a harsh lesson and plans to tighten access to him in the future. Milei claimed that most investors affected by the LIBRA incident were experienced traders from the U.S. and China, not Argentinians. He