LIBRA Memecoin Collapse: Key Events That Led to a $286M Crypto Catastrophe

LIBRA, a memecoin initially perceived as an official Argentine cryptocurrency, became one of the most damaging rug pulls in recent history, wiping out $4.4 billion in investor funds.

February 18, 2025
memecoins
Society
LIBRA Memecoin Collapse: Key Events That Led to a $286M Crypto Catastrophe

The scandal has rocked Argentina’s crypto market and political establishment, with President Javier Milei at the center of corruption allegations.

Milei, who built his campaign on eradicating corruption, now faces legal scrutiny and a possible impeachment after promoting LIBRA on social media.

Read more at CCN

LIBRA Memecoin Collapse: Key Events That Led to a $286M Crypto Catastrophe

LIBRA, a memecoin initially perceived as an official Argentine cryptocurrency, became one of the most damaging rug pulls in recent history, wiping out $4.4 billion in investor funds.

February 18, 2025
memecoins
Society

The scandal has rocked Argentina’s crypto market and political establishment, with President Javier Milei at the center of corruption allegations.

Milei, who built his campaign on eradicating corruption, now faces legal scrutiny and a possible impeachment after promoting LIBRA on social media.

Read more at CCN

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