Elon Musk has replaced his X avatar with a picture of a "golden chainsaw" sent to him by President Javier Millet of Argentina.
According to TASS news agency, the Argentine Senate passed a motion with 46 votes in favor and 15 votes against, asking the government to provide reports on the LIBRA scandal. At the same time, the Senate rejected the proposal to establish an investigative committee. Although 47 senators supported it, it did not meet the 48-vote threshold for initiation and ultimately failed to pass. Meanwhile, a proposal to set up a parliamentary committee to investigate the scandal was rejected. The proposal w...
Argentine President Navi Millet arrived in the US capital on Thursday seeking a respite from the cryptocurrency turmoil that continues to this day, nearly a week after he launched a Meme coin on the X platform and caused its price to skyrocket. The planned visit to the US was well timed and helped Millet refocus on his economic achievements in the political Moments. He plans to meet with Musk, will give a speech at the Conservative Political Action Conference, and he will also meet with the head...
Argentine regulators said they had no right to intervene to resolve the dispute because the sale of Libra was beyond their jurisdiction. Argentina's National Securities Commission (CNV) "has so far chosen not to intervene" in the LIBRA incident "because the current regulatory framework does not cover token advertising on decentralized platforms".
Argentine President Millet will meet with Tesla CEO Elon Musk and IMF Managing Director Georgieva in Washington on Thursday.
Adorni, spokesperson for President Millai, said it was an "insult" to believe that Millai had been involved in bribes in promoting cryptocurrencies, and that the government did not currently plan to fire any officials over the cryptocurrency scandal.
According to on-chain analyst Ember Monitor, Argentine President @JMilei retweeted a tweet 11 hours ago about how to buy LIBRA process. However, LIBRA still rose because of this tweet, and goofyahh.sol also earned $500,000 from this tweet: he spent 5 million USDC to buy 10.40 million LIBRAs after Javier Milei retweeted, and sold them for 5.5 million USDC an hour later. Add the $1.65 million earned by buying after LIBRA was deployed a few days ago, and he/they earned $2.15 million on LIBRA. And t...
An Argentine law firm filed a criminal complaint with the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) on February 17, accusing them of being behind the LIBRA token crash and asking for an investigation into Argentine President Millai's role in it. On another legal front, the Civic Coalition ARI also filed a criminal complaint on February 17, asking the Justice Department to investigate Millay's alleged bribery and corruption.
"I acted in good faith, and the result was a blow," Millet, Argentina's president, said on television. "Did the country lose money? No. Did the Argentines lose money? Four or five at most. Absolutely...
According to Polymarket data, the probability that Argentine President Javier Milei will leave office in 2025 has risen to 20%. Previously, it was reported that Argentine President Millai was charged with fraud for his connection to the $LIBRA token project. The project was promoted by it, but the value of the token plummeted by 95% from its peak.
According to the X platform, the X account of Argentine President Javier Milei retweeted tweets related to "how to buy $LIBRA". The reason for this move is still unclear.
Crypto KOL EnHeng hmmm said that many people were hurt by the incident of the Argentine president issuing currency Rug. As a college student, I know how it feels. To help the affected friends, hmmm decided to donate 50,000 dollars and accept donations through the BSC address to send hmmm charity dinner sponsorship. Binance founder CZ responded by saying, Support it! I sponsor 150 BNB (around $100,000, subject to BNB).
7:00-12:00 Keywords: Musk, El Salvador, Argentina 1. Musk DOGE attempts to obtain taxpayer data; 2. The National Library of El Salvador will establish a Bitcoin section. 3. Federal Reserve Logan: Cooling inflation does not necessarily trigger a rate cut. 4. The transaction cost gap between Ethereum L1 and Solana hit a record low over the weekend. 12 U.S. state pension funds collectively hold approximately $330 million in Strategy shares. 6. Dragonfly Managing Partner: The Meme Coin market may re...
Lawyers in Argentina filed fraud charges against President Javier Millet in a criminal court on Sunday, accusing him of promoting cryptocurrencies on social media. One of the plaintiffs, a lawyer, Jonatan Baldiviezo, said they had seen in the incident an illegal organization that had committed "an indefinite number of frauds." "In this illegal organization, there was a crime of fraud, and the president's action was critical," he said. The criminal justice department is expected to assign a judge...
Argentina's president, Javier Milei, is facing impeachment threats for backing a cryptocurrency called LIBRA, which was purportedly designed to support small businesses but actually crashed and lost billions of dollars in value within hours. In an X post published late Friday (now deleted), Millay promoted LIBRA as a privately run project to raise funds for small and medium-sized companies in Argentina, adding that he would not personally benefit from the project.