United States Freezes $280 Million Linked to cryptocurrency?LIBRA, Promoted by Milei
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2 Articles
The U.S. Justice ordered the freezing of $280 million allegedly obtained through fraudulent maneuvers with the cryptocurrency "LIBRA", an initiative that was promoted by U.S. businessman Hayden Mark Davis and gained international notoriety after being publicly promoted by Argentine president Javier Milei.
The United States freezes $280 million from the $LIBRA crypto scandal and targets Hayden Davis, while Milei is excluded from the lawsuit. - Gateway Hispanic
On February 14, 2025, Argentine President Javier Milei posted a tweet promoting the cryptocurrency $LIBRA, presenting it as a private project to boost the Argentine economy. The post was deleted hours later. The token’s value skyrocketed, reaching a market capitalization of $4 billion, only to collapse by 94% within hours, leaving thousands of investors with substantial losses. The U.S. Justice Department, in a ruling issued by Judge Jennifer L.…
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