The LIBRA token’s collapse has rocked Argentina’s politics and Solana’s memecoin ecosystem. Once valued at $4.5B, LIBRA plummeted 90%, triggering fraud investigations and impeachment threats for President Milei. Insider trading allegations surfaced, deepening Solana’s liquidity crisis. The fallout continues, shaking Argentina’s markets and exposing crypto’s volatile ties to politics.

RESOURCES

https://www.coindesk.com/markets/2025/02/18/libra-apparent-rug-pull-is-latest-sordid-episode-emerging-from-solana-s-memecoin-complex-galaxy

https://decrypt.co/306471/judge-assigned-to-probe-argentinas-president-milei-over-alleged-crypto-scam

https://www.theblock.co/post/341451/russian-power-company-reports-14-million-in-damages-from-illegal-crypto-mining-last-year?utm_source=rss&utm_medium=rss

https://www.coindesk.com/business/2025/02/18/nft-collector-buys-digital-art-for-usd3m-largest-sale-in-3-years

https://x.com/0xmatt1/status/1891521894920102161?s=46

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