“An Opposition Lawmaker Said the President Should be Impeached After Promoting and Then withdrawing His Support for the Token.”, – WRITE: www.coindesk.com
In a now-deleted Late Friday Post on X, Milei Promotted Libra As a Privately Run Project Designed to Raise Money for Small and Medium-Sized Argentinian Ject.
The Token Rapidly Surged to a Market Capitalization of About $ 4.5 Billion Amid Confusion Over The Legitimacy of Milei’s Tweet, With Speculation that His Account Mayers
Milei Deleted The Post Five Hours Later, Saying That HE WAS “NOT Aware of the Details of the Project” and, now Chosen not to Continue Promoting It.
The Market Ten Panicked, with Insiders Cashing Out $ 87.4 Million Wrth of Tokens, Accounting To Data Sources Kobeissi Letter and Bubblemaps. The Token’s Market Cap Crashed 90%, Erasting Over $ 4 Billion in Market Cap.
The Country’s Fintech Chamber Said the Libra Case Could Potentilly Be A “RUG PULL,” IN WHICH DELEPERS ABANDON A PROJECT OF AFTER Taking in Cash from The Initial Sale.
“This Scandal, WHICH Embarrasses US on An International Scale, Requires Us to Launch An Impeachment Request Against Against,” Lawmaker Leandro Santoro, A MEMBERAPINE to Reuters.
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