BREAKING: President Milei Implicated in $250M "$LIBRA" Rug Pull Scandal 🚨
The Argentine political landscape has been rocked by "Libragate," after President Javier Milei’s official X account promoted the $LIBRA meme-coin, which hit a $4.5 billion market cap before crashing 99% within hours 🇦🇷.
$TRX Blockchain analysts from Bubblemaps revealed that 82% of the token supply was controlled by a cluster of linked wallets; insider "whales" reportedly extracted over $107 million in liquidity immediately following the presidential endorsement 📉.
$ZEC Federal Judge Maria Servini is now leading an investigation into allegations of fraud and financial misconduct, while opposition parties have filed over 100 criminal complaints and are threatening impeachment proceedings against the administration 🏛️.
$ONDO Milei has since deleted the posts, claiming he was misled into believing the Solana-based project was a legitimate tool to fund small businesses; however, the scandal has severely damaged public trust in the intersection of statecraft and crypto 🛡️.
#Libragate #JavierMilei #CryptoScam #ArgentinaNews