What is Libra Token (LIBRA)?

Libra Token Argentina is a Memecoin that causes speculation with the support of Javier Milei through social media and relieves the sharing after the promotion. After LIBRA was released, the market value reached 4.5 billion dollars in a short time with the support sharing of President Milei’s X account. However, this ascension did not last long, President Milei lifted the shared post by stating that there was no official connection. This development caused harsh decreases in LIBRA’s price. Argentine lawyers, 95 percent of the peak of the Libra Token project, which fell 95 percent of the participation of President Milei accused of fraud.

President Milei stepped back

“A few hours ago, as I have done many times before, I tweeted that I support a special attempt assumed that I had no connection. I didn’t know about the details of the project, and I decided not to announce anymore after my news (so I deleted a tweet). I would like to say to the dirty mice of the political caste who want to benefit and harm this situation that they are confirming how disgusting the politicians are and they increase our belief that we can kick them.

Vllc! “

Who are the founders of LIBRA? MELIANIA AND LIBRA CONNECTION

On February 16, Fuzzland’s founding partner Chaofan Shou claimed that LIBRA’s market maker was in Delhi and that he was mentioned in Melania Memecoin. Shou presented the wallet data, indicating that both initiatives were managed by the same organization, which made me think that there were possible coordinated information activities. He also associated the Libra Token team with other tokens such as Enron and OGME showing similar price manipulation patterns.

Chaofan Shou Sharing;

Melania Token, which was released shortly after Donald Trump’s second -term oath ceremony, reached a market value of $ 2 billion for a short time before falling below $ 200 million. Libra Token also attracted significant investments from President Milei with the support of public opinion. However, it was reported that the inside attracted 107 million dollars after a short time and caused the collapse.

A On-Chain Analysis firm Bubblemaps argued that the team behind Melania and the other rapidly rising and falling coins were the same. You can find the details below.

Afterwards, President Milei moved away from LIBRA, which led to accusations of market manipulation and calls for dismissal due to political scandal. During the discussions, the Libra Token rejected any abuse. Julian Peh, CEO of KIP, insisted on remaining transparent and account of all funds. Peh explained that KIP had no role in the Token launch and uploaded the responsibility to Kelsier of the project.

LIBRA rejected fraud charges

“Karp faced the important Fud today, and there were threats to me and my staff, but we were not involved in the launch and we did not manage any token or left. KIP announced our role in the project (although not in token export) because we were already listed on the website and supported its potential, ” – KIP stated.

Meanwhile, Hayden Davis from Kelsier connected the loss of investor to the President Milei and his team. He said that Memecoin investments were largely based on confidence and approvals, and that Milei’s team removing promotional posts triggered panic sales and a sharp market decline.

Davis said that his team continues to believe in the project and plans to re -invest $ 100 million in the project. Instead of transferring assets to the partners of President Milei or KIP, Kelsier plans to re -invest in LIBRA and to burn all the tokens acquired.

Crypto Money Fraud accusation against President Milei

President Milei claimed that he knew very little about the initiative before he promoted the project with the allegations of Libra’s collapse and the allegations that someone from inside intervened. President Milei faces the likelihood of being dismissed due to the online promotion and then the collapse of Libra Token in an incident that political opponents are ashamed.

If the opposition parties succeed in filing a dismissal case, President Milei may have to resign from his post.

ZHAO Changpeng (CZ)He will donate to LIBRA victims

Zhao Changpeng (CZ), the founder and former CEO of Binance, said that he would donate 150 BNB ($ 100,000) to support users affected by the price decrease of LIBra Token in X.

This move of CZ came in response to the announcement of a university student Enheng.

“Today, the Argentine President’s Rug crypto currency wounded many people. As a university student, I know the feeling of this coup. To help the affected friends, Eneng decided to donate $ 50,000 and accept donations through the BSC address to send ENENG charity sponsorship to bring temperature and support to everyone.

This assistance is open to all victims to be given to university students. This is not just a dinner, but also a transfer of hope. I hope everyone will participate in the event, help those who are in trouble, and give them more courage and strength.

📢 Please convey to see more victims ”Enheng.

“Support! I will donate 150bnb (approximately 10W U according to BNB).

Write from DM. ” Cz.