Investors Burned in $Libra Token Collapse Sue as Part of Broader Meme Coin Trend

The wife of the libertarian deputy warned about the intrusion on social networks.The spokesman Manuel Adorni replied.

Investors Burned in $Libra Token Collapse Sue as Part of Broader Meme Coin Trend

“This is important because it is the first consumer protection case as compared to securities focused,” said Max Burwick, the managing partner in New York at Burwick Law, who represents the plaintiff, Omar Hurlock.

The $Libra scandal, the cryptocurrency promoted a month ago by Javier Milei which turned out to be a scam, has finally reached the courts of the United States. The Burwick Law study registered in New York a collective lawsuit against the international leaders of the operation, but it deliberately left the Argentine president off the list of defendants; his sister, Karina Milei, and the rest of the Argentines who were behind $Libra. Milei appears…

President Milei, his sister and other Argentines are not among the defendants; more than 200 victims claim tens of millions of dollars and the appointment of a trustee

It is Burwick Law and says that the financiers took advantage of the “high profile” of the president of Argentina. Define Milei’s statements as “promotional”

A U.S. law firm filed the first collective lawsuit against those responsible for the $LIBRA operation, the cryptocurrency promoted by the Argentine president who resulted in an alleged scam for more than $200 million. "This takes away credibility from the government," an expert told Sputnik.