Argentine Prosecutor Seeks to Halt $100M in LIBRA Crypto Transfers

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TheNewsCrypto 15h ago

Argentine Prosecutor Seeks to Halt $100M in LIBRA Crypto Transfers - TheNewsCrypto

Quick Summary:

The Federal Prosecutor in Argentina, Eduardo Taiano, has strengthened the LIBRA cryptocurrency investigation.

It pursues the freezing of $100 million of relevant assets and reinstatement of previously deleted social media posts, even those posted by President Javier Milei.

Apart from that, a sudden drop in value by over 89% resulted in accusations of a rug pull scam, where the developers left the project after gaining huge investments.