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Politician-linked meme coins backfire

Politician-linked meme coins backfire after Libra scandal

A cryptocurrency that briefly surged on Argentine President Javier Milei's support before crashing is the latest in a series of politically endorsed meme coins facing a backlash.

What is LIBRA? The Solana Meme Coin That Sparked a Political Scandal

LIBRA’s collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei’s impeachment.

U.S. News & World Report · 13h

Analysis-Politician-Linked Meme Coins Backfire After Libra Scandal

For the Libra coin - which Milei promoted in a post on X - most traders lost money but 34 accounts made $124.6 million between them, according to crypto researchers Nansen. The token peaked above $4.50 on Friday, but plunged more than 95% over the next few hours.

Argentina, Javier Milei and Crypto

U.S. News & World Report · 3h

Argentina's Crypto Scandal Dings Milei, Involves Strange Mix of Characters

Argentine President Javier Milei is facing a corruption probe into his promotion of a meme coin, which is a highly speculative form of cryptocurrency that’s seen a recent surge in popularity after Pre

Cryptopolitan on MSN · 10h

Argentina’s Senate hands Javier Milei a win amid crypto rug pull scandal

Argentina’s Senate voted Thursday to scrap primary elections, delivering a major legislative victory to President Javier Milei just as he faces intense scrutiny over his role in a crypto rug pull that wiped $4.

DW on MSN · 10h

Argentina's cryptogate: President Javier Milei faces credibility crisis over failed coin endorsement

Argentina's president faces his first major political crisis as the so-called "cryptogate" scandal shakes his credibility. The failed cryptocurrency endorsement sparks legal trouble, political fallout and media backlash.

3don MSN

Argentina's populist president promoted a meme coin — and now faces impeachment calls

After Javier Milei promoted the $libra meme coin on social media, its value soared before crashing hours later, sparking ...

3d

How a $6.3b meme coin could bring down Argentina’s president

The opposition has called for firebrand Javier Milei’s impeachment after he promoted a cryptocurrency that soared but then ...

Milei’s Meme Coin Advisor Says He's Sitting on $100M and Doesn't Know What to Do With It

After Javier Milei’s meme coin endorsement, a little-known advisor to the Argentine president said he’s been left holding a ...

Hosted on MSN3d

Argentina's LIBRA meme coin fails where Trump succeeded

Another head of state promoted a meme coin, only this time it went very, very badly. Why it matters: There's been a lot of ...

Inside Bitcoins4d

LIBRA Meme Coin Promoted By Argentina President Javier Milei Linked To MELANIA, Other Pump-And-Dumps, Bubblemaps Says

The Libra meme coin, initially promoted by Argentina President Javier Milei, was likely launched by the team behind MELANIA, ...

4d

Solana-based meme coin LIBRA controversy heats up, Argentina President hit by lawsuit

The high-profile meme coin was promoted by Argentina’s President Javier Milei, who is currently facing a lawsuit. At the time ...

https//beincrypto.com6d

Argentina’s President Denies LIBRA Meme Coin Ties as Insiders Cash Out $107 Million

Argentina’s President Javier Milei distanced himself from the LIBRA meme coin after initially endorsing it in a now-deleted tweet.

17h

‘Meme coin mania is dead’: the rise and fall of the crypto a fad

One month on from the launch of Donald Trump’s failed token, meme coin traders are facing a fresh scandal that could kill the ...

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