Episode 472
📍 Argentine President Javier Milei faces fraud charges for promoting the LIBRA cryptocurrency, which crashed spectacularly after its launch, losing over 96% of its value.
📍 The charges, filed by attorneys and political opponents, allege that Milei was involved in an "illicit association" with the team behind LIBRA, committing an indeterminate number of frauds.
📍 Researchers raised alarms about LIBRA, citing red flags such as 82% of the token's supply being held by a single cluster of wallets, and the team "cashing out" $87 million in USDC and SOL from liquidity pools.
