Gate News bot message, U.S. Senate Democrats Elizabeth Warren and Richard Blumenthal wrote a letter requesting Meta to explain its stablecoin plans. The lawmakers demanded a detailed explanation of the company's stablecoin plans and pointed out previous reports regarding Meta's involvement in fraud, "suspected anti-competitive behavior," and privacy issues. According to a report by Fortune magazine last month, Meta is considering using stablecoins for payments. The letter stated, "If Meta controls its own stablecoin, the company may further pry into consumers' transactions and business activities. The vast consumer data it gathers could help Meta implement surveillance pricing strategies on its platform, serve more intrusive targeted advertisements, or profit by selling sensitive personal information to third-party data brokers." The letter contained a series of questions, including whether Meta is considering launching its own stablecoin, whether Meta or its affiliates have lobbied for or provided feedback on any stablecoin legislation before the Senate or House, and whether the company would oppose an amendment banning large technology companies from establishing ties or holding stakes in stablecoin issuers.

Odaily News reported that the crypto KOL scooter (@imperooterxbt), who once revealed the insider information of the LIBRA Token, mocked that James Wynn could have cashed out 100 million dollars, but is now "begging for 20 dollars" on social media for revenge trading, and bluntly stated that "the crypto industry is filled with irrational gamblers."

Odaily News Scooter (@imperooterxbt), a crypto KOL who was involved in exposing the LIBRA token's inside story, mocked in a post that James Wynn could have cashed out 100 million dollars, but is now "begging for 20 dollars" on social media for revenge trading, and bluntly stated that "the crypto industry is filled with irrational gamblers."

BlockBeats news, on June 5th, the crypto KOL scooter (@imperooterxbt), who was involved in leaking the insider information of the LIBRA Token, stated that James Wynn could have walked away with 100 million dollars, but now he is begging for 20 dollars on the timeline for a revenge trade. The crypto assets industry is truly filled with stupid gamblers. Last night news, James Wynn's long order was partially liquidated, and he launched a fundraising campaign again seeking funds to open new positions.

Gate News bot reported that a U.S. federal court has frozen approximately $57.65 million worth of USDC in a class action lawsuit against the controversial meme coin Libra. The attorney for the class action, Max Burwick, stated: "Yesterday, the U.S. District Court for the Southern District of New York issued a temporary restraining order at our request, with the support of the Burwick Law Firm, to freeze these USDC." He also added that the court plans to hold a hearing on June 9 to determine whether these assets will continue to be frozen during the course of the class action.

After Argentine President Javier Milei was embroiled in a $4.6 billion Libra Crypto Assets scandal, nearly 58% of the public expressed distrust in him, according to a recent opinion poll. The survey showed that 57.6% of respondents do not support Milei, while 36% still trust him.

According to a report by Jinsuo Finance, a recent opinion poll found that nearly 58% of Argentinians do not trust President Javier Milei after he was embroiled in a $4.6 billion Libra Crypto Assets scandal. "How confident are you in Milei more than a month after the cryptocurrency fraud scandal broke out?" The polling platform Zuban Córdoba asked 1,600 respondents in its recent March survey, in which 57.6% of them responded that they disapprove of him, while 36% indicated that they still trust Milei.

Argentinian President Milei has lost public trust due to the Libra meme incident, with 57.6% distrustful of him. The big dump in the market capitalization of coins has triggered a crisis, causing Milei to face criticism and impeachment. The significant divergence in different poll results reflects Argentina's politicized interpretation of the Crypto Assets incident.

Argentine lawyer applies to Interpol for a red notice to arrest entrepreneur Hayden Davis related to the Libra cryptocurrency scandal. Davis is accused of playing a key role in the collapse of the Libra token, resulting in millions of dollars in losses for investors. Related assets have been frozen, with a default amount of about 100 million US dollars, and Davis's lawyer has not yet responded.

Argentine Libra cryptocurrency scandal has entered a new stage, lawyer Darbon has requested the international community to detain the suspect Davis and has submitted a red notice application. Darbon is the former president's acting lawyer, the lawyer involved has not responded to the request.

Castle Island Ventures partner Nic Carter believes that the $4 billion LIBRA scandal involving Argentine President Milei marks the end of the memes era. He pointed out that multiple meme projects like LIBRA and projects launched by celebrities like Trump have been proven to involve unfair and manipulative issuance, demonstrating the falsification and unreliability of the meme coin market.

ChainCatcher message, according to Cryptonews, the Argentine regulatory agency stated that they have no authority to intervene in resolving disputes because the sale of Libra is beyond their jurisdiction.

Golden Finance reports that the investigation into the Meme coin Libra, promoted by Argentine President Javier Milei, is intensifying. Circle has frozen $57 million in funds related to the coin, but the reasons are unclear. Prosecutor Taiano is reviewing communications related to the issuance of Libra.

According to Bubblemaps, even though Hayden Davis, the head of the LIBRA project, is wanted by Interpol, he has launched a new token, WOLF. Rumor has it that the "Wolf of Wall Street" Jordan Belfort will also launch a token of the same name. WOLF has the same pattern as Hayden Davis' previously launched HOOD token, with the creator pointing to the Hayden Davis address.

Gate News bot message, the crypto KOL scooter (@imperooterxbt), who was involved in exposing the LIBRA scandal, commented on social media about James Wynn's large high-leverage long order being partially liquidated, stating: "James Wynn is a typical example of why most scammers and rug pullers eventually lose everything. They have never experienced the value of earning money honestly and have never truly understood the effort required to make money. What comes easy goes easy."

On May 30, well-known figure in the encryption field scooter criticized James Wynn's failed high-leverage operation, pointing out that most fraudsters eventually fail due to a lack of the concept and effort of honest profit.

Recently, the Memecoin fraud incident has impacted the trust of the Solana community, leading to a decrease in the number of active Addresses to 9.5 million per week, a 40% drop from the 15.6 million in November. Users have transferred Cryptocurrency worth millions of dollars out of Solana, indicating that capital may be flowing out to other blockchains, which could have long-term implications or positive effects.

According to Gate News bot, El Economista reports that Argentine President Milei has dissolved the "Investigative Task Force" (UTI) responsible for investigating the losses related to LIBRA crypto assets investment by decree. The government stated that the group has completed the information gathering work, and all materials have been handed over to the national prosecutorial agency. The prosecutorial agency is conducting a criminal investigation into economic crimes and potential conflicts of interest. The opposition in the Argentine parliament is planning to re-establish an independent investigative committee and is preparing to summon relevant officials to testify. At the same time, judges have implemented asset freezes on some individuals involved in the case and have begun reviewing the assets of Milei and his relatives.

On March 18th, PANews reported that Burwick Law firm has filed a lawsuit on behalf of its clients in the New York Supreme Court against Kelsier Ventures, KIP Protocol, Meteora, and related parties regarding the LIBRA Token issuance. The collective lawsuit alleges that the defendants orchestrated an unfair Token issuance activity, misled buyers, and harmed the interests of retail investors.

BlockBeats News: On March 11, Meteora co-founder Ben Chow said on social media, "My account has been compromised and I've been trying to regain control. Please ignore any recent posts." THIS MORNING, HIS X ACCOUNT RELEASED AN OFFICIAL STATEMENT ON THE MELANIA, LIBRA, AND TRUMP INCIDENTS, OR HE DID NOT OPERATE IT HIMSELF.

Arca, a digital asset management company, data shows that most Tokens have fallen in value by 30% to 80% since mid-December last year. Solana's market capitalization has lost approximately $50 billion in the past month, affected by the scandal of a Meme coin named Libra and the $1.72 billion Solana Token unlocking plan. The Chief Investment Officer of Arca pointed out that the Cryptocurrency market has been weak for eight weeks, mainly due to low market sentiment, Meme coin failures, and new Tokens lacking funding support.

Key figure behind Libra token claimed to have spent money to control the sister of the President of Argentina to promote the Libra project. While there are text messages showing money transactions, it is unknown whether they are related to Libra issuance. The President's tweets boosted the price of Libra, but it big dumped after being deleted.

Libra co-founder Hayden Davis claimed to influence the president's decision by bribing the president's sister in Argentina. Karina Mile, who is involved, currently serves as the Secretary General of the Argentine President's Office. The individuals involved have not yet responded to related questions.

According to on-chain analyst Yu Jin's monitoring, some Whales/institutions that earn huge profits through TRUMP and LIBRA are active in the market. Recently, Argentine President Mila retweeted a tweet about the process of purchasing LIBRA, although this is considered Whale activity, it still has a positive impact on the price of LIBRA. Among them, goofyahh.sol has earned a certain amount by buying and selling LIBRA, combined with the previous profits gained on TRUMP, its total income is quite considerable.

A WalletAddress made a profit of $7.32 million in TRUMP token trading, but incurred losses of $617,000 and $1.76 million in MELANIA and LIBRA token trading respectively. There were two trades on the LIBRA token, both resulting in losses: after purchasing $1.7 million, a loss of $1.56 million was incurred, and after purchasing another $300,000, a loss of $200,000 was incurred.

DeFiTuna founder Moty publicly accused Kelsier Ventures of market manipulation, fully refunded the funds, and cut ties. Kelsier is involved in a Token manipulation scheme, harming interests on the M3M3 platform, instructing to maximize fund harvesting. MELANIA Token manipulation, 1% Token transferred to Vlad to evade tracking. The Kelsier team harvested $2.45 million from the community, totaling manipulation of funds exceeding $200 million.

The LIBRA team is reportedly negotiating with Nigerian officials on the issuance of unstable memes, although these reports have not been confirmed. LIBRA was previously involved in large-scale fraud allegations, and CEO Hayden Davis was also implicated in multiple financial crimes. He may be associated with the MELANIA scam and plans to launch new memes. While there is no evidence of direct involvement by the Nigerian president, reports suggest that the project is progressing smoothly, coupled with Nigeria's interest in Crypto Assets, lending credibility to these claims.

DefiTuna founder Moty announced the return of $30,000 and cut ties with Kelsier due to Kelsier's alleged involvement in market manipulation, especially in the Token manipulation on $LIBRA, $MELANIA, and M3M3 memes issuance platforms, causing significant financial losses to community members. Moty pointed out that Kelsier profited from the Meme issuance on the M3M3 platform and criticized the lack of responsibility shown by the Meteora leadership. Meteora co-founder Ben promised to resign but responded ambiguously.

Odaily Planet Daily News Argentina President Milei denies promoting LIBRA and says: 'I didn't promote it, I just shared it.' He also said: 'Those involved are very clear about what they are doing - they are volatility traders.' (Cointelegraph)

Odaily Planet Daily News According to Onchain Lens monitoring, a certain Whale 'goofyahh.sol' spent 5 million USDC to buy 10.4 million $LIBRA, with an average price of $0.48. Previously, the Whale spent 5.7 million USDC to buy 5.02 million $LIBRA and sold at a price of 7.35 million USDC 3 days ago, making a profit of 1.65 million USD.

PANews April 9 news, according to Cointelegraph, Argentine Congressman supports investigating President Javier Milei for alleged involvement in the Libra (LIBRA) Crypto Assets scandal. The House of Representatives passed the investigation proposal with 128 votes in favor, 93 against, and 7 abstentions. Previously, the proposal failed to advance in the Senate. Before this news broke, Milei had promoted the Meme coin LIBRA on social media. With the credibility of government officials and 3.8 million followers, the token's price quickly soared to $5, and its market capitalization briefly touched $4 billion. Subsequently, Milei faced allegations of misconduct. Critics have labeled LIBRA a "rug-pull" scam, claiming that Milei deceived investors into participating. Lawyer Jonatan Baldiviezo, along with M

PANews, April 9 news, according to The Block, the Argentine House of Representatives has passed three drafts to officially initiate an investigation into President Javier Milei and related officials' involvement in the Libra meme coin controversy. This coin was issued by Kelsier Ventures in February, and Milei publicly promoted it on the X platform, claiming it would support local entrepreneurial projects. Subsequently, the coin's price experienced a big pump to a market capitalization of $2 billion before falling over 90%. Milei later denied knowledge of the situation and withdrew his support, while the opposition demanded impeachment, and the prosecution has requested Interpol to take action against the project party CEO Hayden.

According to the Gate.io News bot, Decrypt reported that the Argentine Chamber of Deputies decided to establish a special committee to investigate the LIBRA encryption coin incident involving President Milei, with a voting result of 128 votes in favor and 93 votes against this Tuesday. The committee plans to summon senior government officials such as Minister of Economy Luis Caputo and Minister of Justice Mariano Cúneo Libarona to investigate the collapse of the Solana chain meme coin LIBRA promoted by Milei in February. Currently, in addition to the congressional investigation, this matter has entered the judicial investigation process, and a New York law firm has begun soliciting investors to participate in the lawsuit.

BlockBeats news, on March 6th, according to Decrypt, the Argentine prosecutors are advancing the investigation of the LIBRA Token case and have applied to freeze $100 million of assets related to the case, while also requesting the restoration of deleted social media posts. Prosecutor Eduardo Taiano has also requested detailed records of LIBRA transactions and has asked for international exchanges, law enforcement agencies, and regulatory agencies to cooperate in freezing the related funds. Argentine prosecutors have not yet officially responded to the matter.

The internal team of LIBRA and MELANIA is suspected of buying memecoin (POPE) with a Market Cap of less than $150,000 for 19,846 SOL (about $2.76 million) and then selling it for 175 SOL (about $24,000) through Money Laundering, resulting in a loss of $2.73 million. The amount is transferred to another wallet in a "legal" way.

On February 19, Ξliézer Ndinga, Chief Strategy Officer of 21Shares, stated that the LIBRA Token scandal marked a decisive peak in the Meme coin frenzy, emphasizing the need for launchpad platforms to strengthen Risk Management. Global regulatory clarity is crucial, especially as government officials introduce Meme coins. Innovation should be open but protective barriers need to be established to safeguard consumers, prevent fraud, such as automatically flagging contracts with Rug-related addresses, and help investors avoid deception.

Odaily Planet Daily News Gm Capital team member Beanie posted on X: "The craziest thing I've learned in the last few days is that Meteora is sniping at its own token. I haven't posted this before. Because it's almost unbelievable. Because the platform earned more than $300 million last month, Libra earned $40 million from fees on the day it launched. But that's what's happening. If Hayden (Libra initiator) mentioned that the Libra sniper successfully obtained a commitment scale of 57 million US dollars in the first millisecond, I am not surprised at all. He actually betrayed and traded back against Meteora.

According to the Gate.io News bot, data from Bubblemaps shows that Hayden Davis, the operator of the MELANIA and LIBRA tokens, has conducted a large-scale sell-off of MELANIA tokens in the past 14 days. Specifically, the data indicates that the associated address transferred approximately $1.06 million worth of tokens to a Centralized Exchange, while withdrawing over $2.05 million from the liquidity pool. Source: Wu Says

KIP Protocol has released a statement regarding the $LIBRA Token incident to clarify its role: it did not initiate the Libra project, assisted the financing plan for small and medium-sized enterprises in Argentina, did not participate in token issuance or profit-making, is unrelated to the president, and is willing to cooperate to resolve misunderstandings and protect its reputation.

An Argentine law firm has filed a criminal complaint with the US Department of Justice and the FBI, accusing LIBRA Token of collapsing behind the scenes and involving the president, triggering a new round of legal challenges. The Token plummeted rapidly from a Market Cap of $4.56 billion to $257 million after the president's big pump announcement. Previous allegations claimed the president was involved in fraud, and this legal action is an additional measure.

Barstool Sports founder Portnoy mistakenly invested nearly $170,000 in SOL in non-Liquidity LIBRA Token, causing the token price to pump over 3,000%. Portnoy warned that the token is a memes token, which may drop to zero, may incur losses, and advised not to invest too much. If sold at the current price, more than half of the investment capital will be lost.

Arkham chain data shows that an entity obtained huge profits by sniping TRUMP and LIBRA. After purchasing $1 million TRUMP and quickly transferring it to sell at a high price, then buying $5 million LIBRA. The operation demonstrates its keen insight and fast execution ability.

A Whale caused huge losses by buying and selling LIBRA in a short period of time. The initial trade incurred a loss of 14,250 SOL, and the second trade resulted in a loss of 696 SOL. This series of actions has attracted follow, demonstrating the Whale's speculative behavior and market Fluctuation.

On February 18, according to OnchainLens monitoring, the Address goofyahh.sold dumping Holdings 10.4 million LIBRA, earning a profit of $496,000 in just 40 minutes. The Whale made a total of $2.147 million through LIBRA. The Address immediately spent 5 million USDC to purchase 10.4 million LIBRA after Argentine President Mile shared a tutorial on buying LIBRA.

BlockBeats news, on February 18th, Argentine President Milay forwarded the LIBRA Token purchase tutorial, LIBRA surged above $0.7 briefly, rising over 130% in 10 minutes and 78% in 24 hours, with the current market capitalization at $700 million. The original tweet of the LIBRA Token purchase tutorial was posted by Argentine economic and political commentator Dario Epstein.

BlockBeats news, on February 17th, according to market information, Argentina's main stock index fell more than 5.7% due to President Mila's involvement in the LIBRA Tokenissuance scandal.

YouTube blogger Coffeezilla interviewed one of the creators of the LIBRA token, Hayden Davis, revealing the insider information of the LIBRA team and MELANIA team's disruption of the release. The other three creators are Julian Peh, Mauricio Novelli, and Manuel Godoy. On February 14, 2025, the project received support from Javier Milei.

Odaily Planet Daily News YouTube reporter Coffeezilla (@coffeebreakYT) posted on X, saying, "In this LIBRA interview, their team admitted to sniping their own Token."

Meteora co-founder Ben Chow responded to concerns about LIBRA, emphasizing that he has never privately received Tokens or engaged in off-chain transactions, and maintains the highest level of confidentiality. The complexity of DLMM requires non-native cryptographic users to hire deployers and market makers, but Meteora does not provide such services. While acknowledging the possibility of LIBRA, it has not participated in the project apart from providing IT support, nor has it disclosed information or received Tokens.

QCP Capital's latest analysis indicates that BTC's market dominance has risen to about 60%, close to a four-year high, while ETH and other alts have performed poorly. The recent scandal involving the 'Rug Pull' of the LIBRA project related to Argentine President Milea may have an impact on similar projects, suppressing the market for Altcoins and memes. Cryptocurrency implies low Volatility and VIX, and the Options market is cautiously watching policy changes, with trading focused on selling Volatility and range trading.