Argentina's President Mired in Crypto Scandal: The Calculated Launch and Political Manipulation Behind Libra's Collapse
Key Takeaways Argentine President Milei promoted the Libra cryptocurrency on February 14, 2025, which crashed 85% within hours, causing investor losses exceeding $251 millionCongressional investigation reveals two crypto entrepreneurs, Mauricio Novelli and Manuel Terrones Godoy, played key roles in the token launchBlockchain analysis shows suspicious fund transfers before the token launch, suggesting a calculated "pump and dump" schemeOver 114,410 wallets suffered losses in this incident, contra