Feb 17: Libra Rug, Insider Sniping, Milei is F*cked?

Daily Crypto News · Feb 17, 2025 · 25m

Argentine President Javier Milei faces fraud charges over the LIBRA memecoin, which surged to $4.5B before crashing. Insiders, including Kelsier Ventures, profited $110M, while influencers secretly promoted it. Coffeezilla exposed the scheme, linking it to other pump-and-dumps. The scandal shakes Argentina’s crypto scene and Solana’s ecosystem.

RESOURCES

https://x.com/bubblemaps/status/1891289507338580028

https://x.com/rektmando/status/1891456915596628333

https://www.coindesk.com/markets/2025/02/17/javier-milei-faces-charges-in-argentina-over-usdlibra-ap…