Argentine President Javier Milei faces deepening investigations over his alleged ties to the LIBRA meme coin scandal. Judge Sandra Arroyo Salgado is probing his assets
#LIBRA #Crypto #Argentina
Burwick Law filed a class-action lawsuit against KIP, Meteora, and Kelsier over the LIBRA meme coin scandal, alleging a pump-and-dump scheme. The suit claims 85% of LIBRA supply was withheld
#LIBRA #Crypto #MemeCoin
Hayden Davis, linked to the LIBRA meme coin scandal, reportedly launched WOLF, a token tied to Jordan Belfort. WOLF surged to $40M before collapsing, with 82% of supply held by insiders.
#WOLF #LIBRA #Crypto #MemeCoin
Argentina's President Milei denies promoting LIBRA meme coin, claims only disseminated it. Says few Argentinians lost money; most traders were experienced. Impeachment calls grow as scandal unfolds.
#LIBRA
One thing I don't understand about
#Libra is that it was plagiarized. How do you expect to engineer a financial system, if you don't even understand it, because you didn't invent it?
It's a way for FB to own your financial data. Just about the only data they don't already have, aside (maybe) from your DNA. Zuck can almost taste all those sweet new advertising $$$
Also, FB anticipates a large cash infusion from pocketing all of the
#libra deposits.
Another point is why would anyone trust Facebook / #Libra after all of their privacy violations? They were just fined $5 Billion dollars by the FTC. #Bitcoin is trust less for a reason
The point of
#Bitcoin is that security is baked into the network. What
#security does
#Libra offer? To me it appears to just be a database.
Also, what incentive do wealthy users have for tapping #Libra? It appears facebook is targeting low end users. Am I wrong?
Another point is why would anyone trust Facebook /
#Libra after all of their privacy violations? They were just fined $5 Billion dollars by the FTC.
#Bitcoin is trust less for a reason
In my current understanding, #Libra seems to be an attack on #CreditCards more so than an attack on #Bitcoin. Thoughts?
Also, what incentive do wealthy users have for tapping
#Libra? It appears facebook is targeting low end users. Am I wrong?
