Argentine President Javier Milei Launches Investigation Into Libra Crypto
Libra crypto, a Solana-native token, saw 94% crash after market debut owing to massive insider sales of over $107 million.
This has also kicked-up a world-wide uproar and political nightmare for Argentine President, Javier Milei due to having initially endorsed the coin.
He later withdrew his support stating,
“I was not familiar with the details of the project…and after having informed myself I decided not to continue disseminating it…”
As per on-chain data analytics platform, Lookonchain, 11 insider wallets dumped LIBRA token to make profits to the tune of $43.8M.
Liquidity manipulation of adding and removing liquidity and fee claims by LIBRA team wallets resulted in the…
