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Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud

Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud

Plaintiffs of a class action lawsuit have filed an amended complaint against Meteora and its co-founder Ben Chow for alleged fraud behind the controversial Libra and Melania memecoins.In the amended complaint filed Tuesday, the plaintiffs claimed that the defendants "borrowed credibility" from real-…

LIBRA Memecoin Scandal? Founder Davis Calls LIBRA a “Memecoin,” Not an Investment

LIBRA Memecoin Scandal? Founder Davis Calls LIBRA a “Memecoin,” Not an Investment

A new court filing in the U.S. has revealed a surprising twist in the LIBRA token case. Crypto entrepreneur Hayden Davis now says the token was just a memecoin, not a serious project. But this comes after it was heavily promoted online and even discussed with Argentina’s President. At the same time,…

Argentina anti-corruption office clears Javier Milei in Libra crypto promotion scandal

Argentina anti-corruption office clears Javier Milei in Libra crypto promotion scandal

Argetina's Anti-Corruption Office (OA) said that the country's President, Javier Milei, was acting in a personal capacity when he promoted the Libra ($LIBRA) cryptocurrency, which dramatically rose and fell in a widely-publicized event in February, thus concluding he did not break the country's publ…

Argentine lawmakers back Milei probe in Libra crypto scandal

Argentine lawmakers back Milei probe in Libra crypto scandal

Lawmakers in Argentina’s Chamber of Deputies backed an investigation into President Javier Milei’s alleged involvement in the Libra (LIBRA) cryptocurrency scandal.According to an April 8 report by local news outlet Buenos Aires Times, deputies in the lower house voted 128 to 93 in favor, with seven …

Argentina and Cryptocurrencies: Unfulfilled Promises and New Controversies

Argentina and Cryptocurrencies: Unfulfilled Promises and New Controversies

For best results when printing this announcement, please click on link below:In February 2025, Milei promoted the cryptocurrency $LIBRA on his social mediaplatforms. His endorsement triggered a rapid surge in the asset's value,attracting thousands of investors. However, just days later, the tokencra…

$LIBRA scandal: the memecoin Milei promoted crashed and sent shockwaves worldwide

$LIBRA scandal: the memecoin Milei promoted crashed and sent shockwaves worldwide

For best results when printing this announcement, please click on link below:At 5:01 p.m. (ET) on February 14, the President of Argentina, Javier Milei,posted a message on the social media platform X that had global repercussions.In it, he promoted the memecoin $LIBRA, a digital asset whose valuatio…

The Libra scandal continues, ‘manufactured’ Bitcoin price action: Finance Redefined

The Libra scandal continues, ‘manufactured’ Bitcoin price action: Finance Redefined

Retail crypto investor sentiment was hit by another multi-billion memecoin meltdown, previously endorsed by Argentine President Javier Milei, who faces political pressure from his opposition after his endorsement led to a rug pull that erased over $4 billion from the token’s market capitalization wi…

Argentina’s crypto adoption hopes dim after Milei’s LIBRA memecoin scandal

Argentina’s crypto adoption hopes dim after Milei’s LIBRA memecoin scandal

The promise of crypto regulation in Argentina, once fueled by the rise of pro-crypto President Javier Milei in late 2023, has come crashing down as hopes for progress in the sector’s regulatory framework vanish following the scandal surrounding memecoin Libra (LIBRA).The controversy has turned what …

The LIBRA scandal exposed: Is the memecoin market rigged against you?

The LIBRA scandal exposed: Is the memecoin market rigged against you?

The world of memecoins, once known for its chaotic fun and high-risk potential, has recently been shaken by the LIBRA scandal — an incident that may just be the wake-up call the crypto market needs. What if this entire memecoin phenomenon isn’t just a gamble but a carefully rigged game? The latest f…

Kanye West, Self-Proclaimed 'Nazi' Who Said 'Coins Prey on Fans,' Plans YZY Token

Kanye West, Self-Proclaimed 'Nazi' Who Said 'Coins Prey on Fans,' Plans YZY Token

HONG KONG—Ye, the artist formerly known as Kanye West who has repeatedly called himself a "Nazi" in recent weeks, plans to launch a crypto token, according to three sources close to the project.According to a document outlining the project obtained by CoinDesk, the token is designed to help Ye side-…

Argentine President Milei arrives in US amid fallout from LIBRA scandal

Argentine President Milei arrives in US amid fallout from LIBRA scandal

Argentine President Javier Milei arrived in the United States on Feb. 20 for a trip of diplomacy and deal-making, and perhaps seeking a rebound from the unfolding LIBRA memecoin scandal that threatens his administration.According to Bloomberg, his itinerary includes a meeting with supporter Elon Mus…

Solana and XRP Prices Take a Tumble: What's Behind the Crypto Crash?

Solana and XRP Prices Take a Tumble: What's Behind the Crypto Crash?

Market turbulence hits Solana and XRP as scandals and regulatory uncertainties shake investor confidence.Solana's Descent: Political Scandals and Memecoin MayhemSolana (SOL) has had a rough start to 2025, plunging more than 40% in just a month. The primary driver behind this decline? A perfect storm…