An undisclosed source revealed that in the weeks leading up to the launch of Libra, Hayden Davis signed an agreement to become Argentina’s blockchain advisor. The agreement had not been disclosed by President Milei, who has stated that his participation was merely incidental. Report: Milei

A local media article alleges that Mauricio Novelli and Manuel Terrones Godoy, two crypto entrepreneurs, were present when Libra was launched, and that Milei was briefed on the launch’s status to prepare the post supporting it. New Report Claims President Milei Had Direct Involvement in Libra’s

Argentina has the highest stablecoin adoption rate in the world (61.8%), and Crypto payments have become a part of everyday infrastructure. Thousands of exchange currency shops line the streets, with Ethereum core contributors gathering together. How did this South American country become a Web3 superpower? (Background: Argentina's inflation surged by 37% in a single month! U.S. aid has been useless, and citizens are frantically buying Bitcoin and stablecoins as a hedge) (Additional context: Promoting the Libra meme coin is not illegal! Argentina's anti-corruption office: The president has freedom of speech, and he is not guilty of misconduct) I've been in Argentina for almost two weeks attending Devconnect, and it is the furthest country from China. There are fewer attendees this time, mostly developers and builders. I hope this article can help bridge some information gaps. First, let me talk about a few counterintuitive phenomena I've observed here: · Argentina is the country with the highest stablecoin adoption rate in the world,

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Bolivia announces the integration of stablecoins into its banking system, Tether abandons mining operations in Uruguay, and the Libra Trust emerges out of the

The post LATAM crypto news: Bolivia integrates crypto while LIBRA wallet sparks $9M alarm appeared first on Invezz

Libra Trust, a new initiative linked to the Libra token, aims to grant funds to Argentine companies. Despite claims of independence from its founders, it faces legal scrutiny and criticism over potential abuses and noncompliance with laws.

Out of nowhere, an organization has emerged that claims it will invest funds obtained through the Libra token sale to fund Argentine companies through grants: the Libra Trust. This trust may have been funded by Kelsier Ventures CEO, Hayden Davis, to fulfill the token’s original purpose. Libra Trus

After months of total silence, a multi-signature wallet tied to the controversial cryptocurrency project LIBRA has suddenly come to life. In just a few hours, it moved 69,000 SOL, worth roughly $9 million, through a web of obfuscated addresses. What’s going on behind the scenes? First movement in n

[Digital Currency](https://www.gate.com/post/topic/%E6%95%B0%E5%AD%97%E8%B4%A7%E5%B8%81) [Blockchain](https://www.gate.com/post/topic/%E5%8C%BA%E5%9D%97%E9%93%BE) [FACEBOOK](https://www.gate.com/post/topic/FACEBOOK)

The congressional commission that investigated Libra issued its final report, which suggests President Milei should be investigated due to his promotion of the project. The investigation found that Milei had included his image to promote other currencies, like KIP, and reported facing

President Milei&39;s tweet on $LIBRA contributed to market impact and significant financial losses. The committee connects Milei to previous crypto projects, including the KIP Protocol, citing a pattern of behavior. Milei faces legal challenges and a class action lawsuit tied to the $LIBRA token c

The investigative committee of the Argentine House of Representatives has just released its final report on the collapse of the $LIBRA coin, accusing a crypto model backed by the state. The committee, led by the opposition, asserts that President Javier Milei has "essentially collaborated" on the project and recommends that Congress evaluate this conduct.

The Argentine Congressional Investigation Committee accused President Javier Milei of being related to the collapse of the $LIBRA crypto assets and suggested evaluating his misconduct. The report revealed that Milei had promoted the $LIBRA Token, leading to investor losses and liquidity pool issues. Milei denied any wrongdoing and is currently facing a judicial investigation and a class-action lawsuit.

The LIBRA project on Solana faced controversy after a significant cashout by its team, leading to investigation and skepticism within the crypto community. Despite trading issues, some view the activity as a future opportunity.

According to Mars Finance, the blockchain analysis platform Bubblemaps has monitored that two wallets related to the Meme coin LIBRA scandal supported by Argentine President Milei, after a period of silence, exchanged 60 million USDC for SOL.

Several high-profile developments in Latin American cryptocurrency are making headlines this week: Argentina froze assets associated with the contentious LIBRA token. Bolivia, on the other hand, started a blockchain pilot to improve election transparency. Moreover, South American central banks co

Argentine federal judge Marcelo Martínez de Giorgi ordered an indefinite freeze on all financial assets of Kelsier Ventures CEO Hayden Mark Davis and two of his associates on November 11th, accusing them of illegal fund transfers through the LIBRA token project. Investigations revealed that Davis had met multiple times with Javier Milei at the Casa Rosada presidential palace, with the funds flowing to lobbyists within Milei's core circle. This case marks the first time in Argentina that cryptocurrency transactions have been included in a major political corruption investigation. Prosecutors have requested local virtual asset service providers to cooperate in freezing the involved wallets.

Argentina's federal judge freezes assets of Hayden Davis and two associates over suspected LIBRA token fund movements. Investigators link Davis to wallets held by Rodríguez Blanco and Mellino, tracing multimillion transfers to Milei-linked lobbyists. Prosecutors allege intermediaries used

Argentina’s federal judiciary has ordered a sweeping freeze of assets belonging to US promoter Hayden Davis and two alleged intermediaries tied to the collapsed Libra token, deepening an investigation into one of Latin America’s largest crypto scandals. The order, issued by Judge Marcelo Martínez d

The $507,500 transfer by Hayden Davis linked to President Milei&39;s selfie raises questions about indirect payments. Intermediaries, including Favio Blanco and Orlando Mellino, suspected of facilitating fund transfers. Libra coin&39;s market collapse in Argentina mirrors similar issues with

An Argentine judge has ordered the freezing of assets related to the meme coin Libra scandal, after investigators discovered the possibility of "indirect payments to public officials" by Kelsier Ventures CEO, Hayden.

An Argentine judge has frozen assets related to the LIBRA memecoin scheme linked to President Javier Milei, targeting businessman Hayden Davis for allegedly transferring $507,500 via Bitget shortly after Milei's announcement, amid suspicions of fraud.

Deep潮 TechFlow News, November 11th, according to Cryptopolitan, Argentine federal judge Marcelo Giorgi has frozen assets related to the LIBRA coin scandal supported by President Milei. The judge issued a "prohibition of innovation" order against Hayden Davis and two cryptocurrency operators regarding their properties and financial assets. The prosecution investigation found that Davis transferred $507,500 via Bitget just 42 minutes after President Milei posted a selfie tweet of the two individuals. The case involves alleged fraud resulting in investor losses of approximately $100 million to $120 million. The frozen assets also include Argentine Orlando Mellino and Colombian Favio.

In brief An Argentine judge has frozen funds associated with Hayden Davis and two suspected intermediaries, due to their connection to the Libra meme coin scandal. Investigators found that $507,500 was sent by Kelsier Ventures CEO Hayden Davis via crypto exchange Bitget less than an hour after

An Argentine federal judge has ordered the freezing of assets belonging to Hayden Davis, a co-founder of Libra, and two informal crypto‑exchange entrepreneurs who received funds from him. The two entrepreneurs received millions on key dates. Federal Judge Blocks Assets Of Hayden Davis and Two

According to Mars Finance, Lookonchain monitoring shows that the smart money address "LeBron" spent 102 SOL (worth $18,300) to purchase 2.9 million GHOST. LeBron previously made a profit of $8.9 million on MELANIA, $4.56 million on LIBRA, $3.2 million on TRUMP, and $1 million on HARRYBOLZ.

US President Donald Trump (Donald Trump)'s official Meme coin TRUMP saw its largest rise in months on Monday, with a peak increase of 30%, breaking through the $8 mark. Meanwhile, the MELANIA Meme coin, inspired by First Lady Melania Trump (Melania Trump), also surged over 45%. This price explosion coincided with President Trump's optimistic remarks on US-China trade negotiations. However, legal controversies surrounding Trump-themed coins are also increasingly surfacing, particularly the "Liquidity Trap" class-action lawsuit involving LIBRA and MELANIA tokens, as well as the events surrounding Trump's defense and pardon of CZ, collectively forming a complex picture around Trump's encryption ecosystem.

Đảng La Libertad Avanza của Tổng thống Javier Milei đã giành chiến thắng trong cuộc bầu cử giữa nhiệm kỳ của Argentina, thúc đẩy chiến dịch tranh cử tổng thống năm 2027 của ông và ủng hộ các chính sách thị trường tự do. Mặc dù đã có một thỏa thuận hoán đổi tiền tệ với Hoa Kỳ, danh tiếng của ông đã bị ảnh hưởng do vụ bê bối token Libra.

Benjamin Chow, co-founder of the decentralized exchange Meteora on Solana, faces allegations of orchestrating a crypto investment scam involving 15 token projects, exploiting the names of notable figures to manipulate token prices and defraud investors.

This week’s top cryptocurrency headlines in Latin America focus on how digital assets are becoming more commonplace. Latin America is establishing itself as a worldwide hotspot for financial innovation fueled by blockchain

The Argentine Congressional Commission in charge of probing Libra, the disgraced memecoin, has agreed to call President Milei to correct his earlier statements about the number of citizens affected by the token launch. Argentine Congressional Probe on Libra Advances: President Milei Summoned The

A plaintiff in a criminal case in Argentina investigating the LIBRA scandal has requested the immediate arrest of two individuals closely related to President Javier Milei, who were involved in the token issuance in February. Recent developments in the investigation have indicated

In response to the highly followed Melania and LIBRA Meme coin crash event, a new class action lawsuit points the finger at Meteora founder Benjamin Chow, accusing him of being the mastermind behind a series of "eyewash tokens." The plaintiffs claim that public figures promoting the tokens, such as First Lady Melania Trump and Argentine President Javier Milei, are not the "culprits" but merely "window dressing" used by Chow and his partner Kelsier Ventures to legitimize a "Liquidity Trap." Although the judge has expressed doubts about the likelihood of the plaintiffs winning, this legal action highlights the seriousness of the celebrity effect and the risks of Meme coin fraud.

A confidential informant linked to the Libra token's launch revealed plans for a token tied to Argentine President Milei, suggesting organized efforts behind Libra. The ongoing lawsuit exposes deeper connections and potential risks regarding the management of $58 million in assets.

AI today found 1. Trump's tariff threats triggered severe fluctuations in global markets 2. The Fed may initiate a new round of easing policy cycle 3. The UK government advances regulatory measures for Digital Money, Ripple makes significant breakthroughs 4. Google releases the Quantum Computer prototype "Sycamore", sparking a quantum computing race among tech giants 5. Facebook's cryptocurrency Libra faces harsh crackdowns from regulatory authorities

The congressional investigation into the Libra incident in Argentina is hindered by the failure of key officials, including Karina Milei, to testify. Despite attempts to summon her, her repeated absences raise concerns as the case unfolds amidst allegations of corruption and significant financial losses.

The big dump of the Argentine peso has triggered panic in the market, and the United States has declared that "all options" for assistance are on the table. However, the Bitcoin community questions the limited effectiveness, as people have largely turned to USD stablecoins and Bitcoin for a bail-in. (Background: Promoting the Libra meme coin is not illegal! Argentina's anti-corruption office: The president's personal freedom of speech, he did not act improperly.) (Context: Circle froze 58 million USD in the Libra case, can the Argentine president escape?) The Argentine peso has plummeted again, putting this country, long tormented by high inflation and currency depreciation, once more on the edge of an economic cliff. On September 19, U.S. Treasury Secretary Scott Bansen publicly stated that all options for stabilizing the economy are on the table in Washington, trying to provide a lifeline to President Javier Milei’s precarious reforms. However, the Bitcoin community and local residents are voting with their funds, flocking to USD stablecoins and Bitcoin (B.

SEC forms Cross-Border Task Force to tackle transnational fraud in crypto and securities markets. Initial focus includes China, with oversight of auditors, underwriters, and foreign firms. Rising pump-and-dump cases, including CR7, Kanye West, and LIBRA tokens, drive new enforcement. The U.S.

The most controversial populist president of South America, Javier Milei, rarely admitted defeat after suffering a crushing loss in the election in Buenos Aires Province this week, yet still firmly stated that his economic reform agenda "will not take a step back." This leader, known for participating in campaign events with a chainsaw, has long claimed he would "cut out" corrupt and inefficient government agencies and carry out sweeping reforms of Argentina's bureaucratic system. Now, voters have expressed strong dissatisfaction with Milei through their ballots, and this self-proclaimed "anarcho-capitalist" president is facing the greatest political pressure of his term. The election defeat has triggered political turmoil. In the provincial elections in Buenos Aires this Sunday, the Libertad Avanza party led by Milei only garnered about 34% of the votes, far behind the 47% of the left-wing Peronist opposition, and this defeat is seen as a challenge to

US fintech giant Stripe is pitching its new blockchain, Tempo, as a revolution in global payments. Christian Catalini, one of the original architects of Meta’s failed stablecoin project Libra, says the project is destined to collapse under the same structural flaw. “Stripe’s pitch is a classic: al

Christian Catalini, co-creator of Facebook’s Libra project, warned on Friday that Stripe’s Tempo and Circle’s Arc could succeed commercially but at the cost of crypto’s decentralization ideal. Launched in 2019, Libra was Meta’s bold bid to create a global digital currency backed by a basket of

Charles Hoskinson, founder of Cardano, has been summoned by the Argentine Congress to testify in an investigation involving President Javier Milei and the Libra scandal. Despite his surprise at the summons, he supports Milei and previously rejected a bribery suggestion to meet the President. Hoskinson’s testimony is considered crucial for the investigation.

Milei faces a revived corruption probe as new bribery tapes surface before Argentina's October elections. Leaked recordings spark protests and bring fresh momentum to the stalled LIBRA scandal investigation. Opposition parties push investigation forward as public anger grows over allegations

Argentina has reopened the investigation into President Javier Milei regarding the LIBRA scandal after new corruption allegations emerged. Despite Milei's resistance, opposition parties support the inquiry, which could severely impact his political future.

The political situation in Argentina is once again tumultuous, as the opposition coalition in Congress successfully pushed to restart the investigation into the LIBRA crypto assets manipulation case involving President Javier Milei(. This renewed investigation stems from bribery recording scandals exposed by Milei's former lawyer Diego Spagnuolo), prompting five major parties to form a 136-member coalition to forcibly initiate the investigative process. The investigation committee has set a deadline of November 10, and the final report will be released after the October elections, which could pose a fatal blow to Milei's political future.

The YZY token by Kanye West has been in controversy since its launch, and experts from on-chain analysis firms and agencies have argued that it has been severely hit by insider trading. However, the crypto enthusiasts and investors are calling it a scam, comparing it with the failed Libra

In the MEME casino, the habitual offender is still the same habitual offender, and the injured suckers may have changed from one batch to another. (Background: Solana's biggest DeFi founder Ben Chow was exposed for "colluding with Kelsier Venture", using M3M3, $LIBRA, $MELANIA.. to harvest over 200 million dollars) (Additional context: The behind-the-scenes operator of LIBRA also played people for suckers! After launching the new coin $WOLF with a market capitalization soaring to 42 million dollars, it immediately dropped to zero) In the MEME casino, the habitual offender is still the same habitual offender, and the injured suckers may have changed from one batch to another. Are you familiar with the guy in this picture? The crypto world has its own painful memories. The suckers who often lose money must know that he is Hayden Davis (also known as Kelsier), from the crypto investment company Kelsier.

A federal judge lifted a restraining order on nearly $58 million in USDC linked to the Libra token after a class-action lawsuit. The ruling allows control of funds and tokens to Hayden Davis, amid ongoing investigations in Argentina related to the token's launch.

After half a year of silence, the famous rapper Kanye West has finally officially launched the MEME coin YZY, endorsing the project with a video featuring himself. However, this coin issuance action, backed by the star's aura, was exposed in just a few hours by on-chain data, revealing high control of the market trend, internal wallet arbitrage, and the involvement of a well-known million-level "initial sniper" among other controversies, even raising suspicions of connections with the notorious Argentine president coin LIBRA's operation team.