Argentina’s President Orders Probe into $LIBRA Cryptocurrency Launch
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Investigation Ordered: Argentina's President Javier Milei has initiated an investigation into the $LIBRA cryptocurrency, focusing on potential misconduct and insider trading, while also establishing a task unit to analyze financial activities related to the project.
Market Reaction and Denials: KIP Protocol has distanced itself from $LIBRA's launch despite previous social media endorsements, as the token's price surged 97% after an initial crash, raising concerns over possible insider trading and misleading promotions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
