South American nation Argentina President Xavier Milli has been criticized. cryptocurrency According to several media reports, the token $ Libra, which saw a pump and dump plan in the market, caused damage to many investors.
With the recent turn of the President’s support and events, Meme coin The political upheaval has increased the situation of the rivalry as Xavier Milli has called for impeachment from the nation’s opposition.
“While many made fate due to privileged information, the former chairman said. Argentina Christina Fernandez de Kirchen, who is also the main rival of Miley. Kirchen also said that thousands of people who trust the President have lost millions in this pump and dump Crypto scheme.
$ Libra coin
$ Libra is a cryptocurrency token, released by Hayden Davis, Chief Executive Officer AK Chief Executive Officer Crypto investment A firm named Calsier Ventures told the news agency, Bloomberg. Like the coins of Trump and Melania Meme, the $ Libra token is hosted on the Solana blockchain platform.
According to data from coinmarketcap, $ Libra is trading at $ 34.8 percent more as 11:21 PM (IST), with its market capitalization, $ 119.83 million, on 17 February, according to data from coinmarketcap.
Meme coinOn February 14, market capitalization declined from its level of $ 223.69 million to $ 77.32 million on 15 February, causing a loss of 65.43 percent a day.
Since its low, Crypto tokens have recovered some of their disadvantages, doing high trade by 17 February.
How is the President connected?
A $ Libra token was created a few minutes before Miley’s post on social media platform X, the news portal told Indian expresswith citing a reference CNN Report.
Earlier, the President said that Crypto would help in the country’s economy and promote the environment for small businesses to grow.
The token jumped after supporting the South US President, but soon fell after Miley’s original X post was removed and refused to have any connection with the $ Libra token.
After a fierce dispute, the official account of the Argentina Government posted that the nation had created a special Investigations Unit to see the case and allegations.
“The president of the nation has decided to create an investigation work unit (UTI) within the classroom of the President of the nation, which is made up of representatives of bodies and organizations with powers related to cryptosate, financial activities, money laundering and other related powers. . The region, which will integrate their information to start an immediate investigation about the launch of the Cryptocurrency $ Libra and the launch of all the companies or individuals in the said operation, according to the post.
