In a shocking turn of events, Argentina’s President deleted a tweet promoting the memecoin $LIBRA—but not before insiders made a staggering $100 million. The tweet, which claimed $LIBRA was key to...
In a shocking turn of events, Argentina’s President deleted a tweet promoting the memecoin $LIBRA—but not before insiders made a staggering $100 million.
The tweet, which claimed $LIBRA was key to “the growth of their economy,” triggered massive hype. But within just 5 hours, the market cap collapsed by $4.4 BILLION—leaving investors in shambles.
A Presidential Pump-and-Dump?
Digging deeper, the red flags were obvious: – The website was created just hours before launch – The domain was registered for only one year – No public owner information, plus multiple restricted domain statuses
Insiders wasted no time. Within 3 hours of launch, they cashed out $87.4 million, according to Bubblemaps. Worse, 82% of $LIBRA’s supply was concentrated in a single cluster, with zero transparency on tokenomics.
milei hyped libra token which ended up being a scam
This isn’t just a scam—it’s a massive breach of public trust. Once upon a time, Presidents inspired nations with morality and progress. Now, it’s all about clickbait and shameless crypto cash grabs.
What do you think—should politicians be held accountable for promoting shady crypto projects? Let us know in the comments!
Ford has dramatically reduced vehicle prices in Argentina, slashing costs by up to 18% after President Javier Milei took an axe to the country’s steep automobile taxes. The libertarian leader eliminated...
Ford has dramatically reduced vehicle prices in Argentina, slashing costs by up to 18% after President Javier Milei took an axe to the country’s steep automobile taxes. The libertarian leader eliminated the first tier of the “luxury tax” entirely and cut the second tier from 35% to 18%, a move expected to boost sales and encourage investment in the struggling auto sector.
Several of Ford’s most popular models are now significantly more affordable. The Bronco Sport and Kuga Hybrid saw 15.5% price reductions, while the iconic Mustang V8 dropped 18%. Even high-performance and electric models benefited—the Bronco V6 is now 13% cheaper, and the all-electric Mustang Mach-E is down 8.5%.
But Milei’s reforms don’t stop there. In a bid to modernize Argentina’s vehicle market and encourage sustainable transportation, his government is also eliminating import tariffs on 50,000 low-cost electric and hybrid vehicles per year. This measure is expected to drive further price drops, making Argentina a more attractive market for global automakers.
Ford’s South America President, Martín Galdeano, has praised the shift, citing lower financing costs, rising wages, and tax cuts as key factors revitalizing the industry. With these reforms, Argentina’s auto market is poised for a major resurgence, potentially attracting more foreign manufacturers looking to expand their footprint in Latin America.