A U.S. federal court has frozen nearly $57.65 million in USDC connected to the now-infamous LIBRA memecoin scandal, a case that’s rapidly evolving into one of 2025’s most explosive legal sagas in crypto. On-chain data by Arkham Intelligence shows that two Solana wallets—one holding $44.59 million, the other over $13
After the $4.6 billion LIBRA token controversy, the trust in President Javier Milei has decreased among the citizens, according to a recent poll. The poll revealed that approximately 58% of Argentinians don’t trust Milei. In March Zuban Córdoba surveyed President Javier Milei’s image after the LIBRA scandal with 1600 participants.
Ethereum co-founder Vitalik Buterin has publicly expressed his support for Argentina’s crypto ecosystem by proposing that the country host Devconnect, a major Ethereum developer summit. Butterin’s support comes amidst recent news surrounding the LIBRA token, which experienced a rapid collapse and political controversy. In a post on X (formerly Twitter),
LIBRA launched on February 14, 2025, after Argentina’s President Javier Milei endorsed it on X. The token was framed as an instrument for economic support in Argentina. Thousands of traders immediately responded to LIBRA’s launch by participating when it reached a $4.5 billion market cap. The rapid sell-off activity from
Argentina’s President Javier Milei has denied promoting the controversial LIBRA token, which collapsed after a brief surge. He claims he only shared information about it. His comments come as fraud lawsuits and an official probe into the incident gain momentum. On February 17, Milei told Todo Noticias, “I did not
The recent launch of Argentina’s $LIBRA token has been making headlines in the market. The Solana meme coin promoted by the official tweet of Argentina’s President Javier Milei, known as LIBRA, collapsed. The coin first reached a market cap of $4.5 billion, but due to uncertainties about its legitimacy, it
With Trump being elected as the President of the US, his pro-crypto stance is acting as a major factor for several other countries to explore the industry. Vancouver has already passed a motion to explore the possibilities of becoming a Bitcoin-friendly city. On the other hand, El Salvador’s Bitcoin adoption
Bybit, a major player in the cryptocurrency arena, has officially set up operations in Argentina with its newly acquired Virtual Asset Service Provider (VASP) license. This move signifies Bybit’s compliance with Argentina’s anti-money laundering (AML) and counter-terrorism financing (CFT) regulations and highlights the nation’s forward-thinking stance on cryptocurrency regulation. In
Argentina beating Canada 2-0 in the Copa America semifinals has led the Canadian rapper Drake to lose his Bitcoin bet. The betting incident and Lionel Messi-led Argentina’s victory spiked the performance of this fan token in the crypto market. ARG, the national football team’s official fan token, has witnessed a
Coinciding with a meteoric rise in inflation, crypto popularity in Argentina has reached new heights. According to researchers from Forbes, Argentina has been dominating the Western hemisphere in crypto adoption with an annual inflation rate of 276%. According to a Forbes report from July 8, experts found that among Western
