US steps in with a lifeline as Argentina battles peso turmoil, investor flight and President Javier Milei’s waning credibility. Crypto adoption surges.
Javier Milei News
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Saifedean Ammous warned Argentina’s high-yield bond strategy is unsustainable, calling it a “Ponzi” that could push investors toward Bitcoin as the peso crumbles.
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The judge cited ongoing cooperation of the defendants in the case as one of the reasons for unfreezing the stablecoins.
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The Czech Republic’s Civic Democratic Party survived another no-confidence vote, triggered by opposition party concerns over a $45 million Bitcoin donation linked to a convicted criminal.
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Argentina’s corruption watchdog has cleared President Javier Milei of wrongdoing over the LIBRA scandal, saying the post was made while acting in a personal capacity.
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A Manhattan federal court has frozen $57 million worth of USDC allegedly tied to the controversial Libra memecoin.
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The Argentine president has faced a major backlash after promoting a token with all the characteristics of a classic crypto pump-and-dump.
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A new Eric Trump token on Solana surged 6,200%, raising rug-pull concerns as blockchain sleuths trace insider wallet activity and repeated scam attempts.
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Argentina’s Chamber of Deputies voted to launch an investigation into President Javier Milei on allegations he promoted the Libra memecoin scam.
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Polls are divided over President Milei’s approval rating following the Libra scandal, with one recent one suggesting more than half don’t trust him.
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The profitable trader sparked insider allegations among crypto investors, as sentiment is still recovering from the recent wave of memecoin scams and rug pulls.
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Kelsier Ventures, KIP Protocol and Meteora have been sued in a New York court for their alleged role in the Libra token scandal, which saw around $107 million pooled from investors.
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Hayden Davies continues launching memecoins plagued with insider trading activity despite being wanted by Interpol for previous crypto scams.
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Crypto firms push for stricter rules on politically endorsed tokens after the $4 billion Libra collapse, citing liquidity locks and insider trading restrictions as solutions
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“In my view, these activities should fall firmly within the jurisdiction of law enforcement agencies,” crypto regulations experts told Cointelegraph.
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