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Coin Edition 2025-02-15 10:43:49

Argentina President Milei Backpedals on LIBRA Meme Token After 89% Plunge in Value

Argentina President Milei Backpedals on LIBRA Meme Token After 89% Plunge in Value

President Javier Milei withdrew his support for LIBRA, citing a lack of due diligence. LIBRA’s price crashed nearly 89% within hours, with allegations of a pump-and-dump scheme. On-chain analysts flagged suspicious fund movements and centralized control of the token supply. Argentina’s President Javier Milei has retracted his endorsement of the LIBRA meme token, stating he had no connection to the project. His reversal comes after the token’s price tanked almost 89% in just hours, sparking alarm in the crypto community. Milei had initially promoted LIBRA in a now-deleted post on X, linking it to the Viva La Libertad Project, which claimed it would help Argentina’s economy by funding small businesses. However, after learning more details, he took down his tweets and clarified that he had not conducted proper due diligence before endorsing the project. In his words: “I initially supported a supposed private enterprise with which I have no connection. After becoming aware of the details, I decided to discontinue spreading the word.” LIBRA’s Price: Up Fast, Down Faster Right after Milei’s initial endorsement,… The post Argentina President Milei Backpedals on LIBRA Meme Token After 89% Plunge in Value appeared first on Coin Edition .

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine