Triple Play: $LIBRA Coin, Milei & Impeachment

Argentinian President Javier Milei shares $LIBRA scam coin on X, $4.4 billion erased from the market​

Earlier today, Argentinian President Javier Milei shared a meme coin called $LIBRA on his X account, stating that it’s a private project dedicated to the growth of the Argentine economy. Within 5 hours, the project erased $4.4 billion from the market.

In a since-deleted X post, Javier Milei mentioned that the project aims to “fund small Argentine businesses and startups.”

Traders were concerned about the project’s authenticity during the first hour of its launch. However, The Kobeissi Letter mentioned on X that multiple Argentinian politicians posted the news of the launch, hence confirming that the president’s account is not hacked or compromised.

More:

https://www.msn.com/en-us/money/com...S&cvid=b64242cc6baf4e1b9036bf8fac0d7edd&ei=13

Will he or won't he..........be impeached?

Javier Milei risks impeachment after endorsing $107M Libra rug pull​

Update Feb. 16, 12:01 pm UTC: This article has been updated to add a statement from Argentina’s presidential office.

Argentine President Javier Milei is facing calls for impeachment after endorsing a cryptocurrency project that collapsed in what analysts are calling a massive insider scam.

The Solana-native Libra (LIBRA) token started its rally on Feb. 14, shortly after Milei posted about the project on X, formerly Twitter. His now-deleted post included a website and contract address for the token, which was a “private project” dedicated to “encouraging the growth of the Argentine economy.”

More:

https://www.msn.com/en-us/politics/...m-libra-rug-pull/ar-AA1z9ds7?ocid=socialshare

Terrible hill to die on. Hope he's able to make folks whole and unwind the damage done. He's been doing a lot of good things for Argentina.

It's out:

Re: vid - post #6

30 mins in. Liked when he called it a casino. Read a lot of the comments below the vid.

My take, if you don't understand meme coins smart move is to stay away. Goes for anything else. House always wins.

Typical reaction on X this morning to the coffeezilla LIBRA interview:

Ash Crypto said:

WHAT THE ACTUAL FUCK ???

So $MELANIA and $LIBRA token was sniped by the team and sold for millions this was just confirmed in coffezilla’s interview and the guy also confirmed that all these memecoin launches are snipped by the teams.

finally you guys can see its all fucking rigged man !!!! all these stories about some guy put in $1000 and made $5M from meme is complete bull shit andit’s all insiders.

NOW STOP FUCKING PUTTING YOUR LIFE SAVINGS INTO THESE MEMES MAN. THERE IS NO WAY TO WIN THIS GAME

Buy utility token and HOLD.

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"Amazing." /Wolf Blitzer

(This originally came up in Spanish. I clicked on to the "translate" pop up that came with it and it was translated to English. No clue how it will show up for anyone clicking onto it.)

Argentina's crypto scandal dings Milei, involves strange mix of characters​

BUENOS AIRES, Argentina (AP) — Argentine President Javier Milei is facing a corruption probe into his promotion of a meme coin, which is a highly speculative form of cryptocurrency that’s seen a recent surge in popularity after President Donald Trump and his wife launched tokens of their own.

The budding scandal in Argentina has been dubbed locally as “cryptogate” and has links to a diverse cast of characters, including a high-profile U.S. influencer, a crypto developer who uses the pseudonym “Meow,” and a 28-year-old American entrepreneur who said he helped launch First Lady Melania Trump’s meme coin last month.

More:

https://www.msn.com/en-us/money/com...S&cvid=7567e75851de410fa5cebce1ddf90728&ei=29