Argentina’s foray into cryptocurrency took a dramatic turn in February 2025 when President Javier Milei tweeted in support of LIBRA, a Solana-based meme coin. Within hours, LIBRA crashed nearly 90%,…
In brief
In February, Argentine President Javier Milei promoted the LIBRA meme coin.
After the Solana-based token crashed in value, multiple investigations were started.
The country's corruption office ruled that…
Argentine President Javier Milei was cleared of wrongdoing over his promotion of the LIBRA memecoin in February, the Buenos Aires Herald reported on Saturday.A resolution issued Friday by the country's…
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Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision.In a June 5 resolution,…
Argentina’s Anti-Corruption Office has cleared President Javier Milei in the Libra crypto controversy, saying he didn’t break any public ethics rules. The investigation looked into a post-Milei made back in…
A US federal court has frozen around $57.65 million worth of the stablecoin USDC in a class action case over the controversial Libra memecoin.Onchain data shared with Cointelegraph by the…
In brief
USDC token accounts tied to the Libra team were frozen by stablecoin issuer, Circle.
The accounts held nearly $58 million worth of USDC, which is now immovable.
The Libra token launch…
Key Takeaways:Argentina’s President Milei shuts down investigation unit probing $LIBRA crypto crash, despite no public findings.$LIBRA, a memecoin endorsed by Milei, collapsed 90% within hours, causing at least $250 million…
In brief
Argentine President Javier Milei promoted a meme coin, LIBRA, in February.
The Solana-based token rocketed up in value before crashing—leading to investigations.
But the government has scrapped one body tasked…