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!