The Solana-based meme coin Viva La Libertad (LIBRA) surged by over 260% around 11 PM the previous day. This occurred after news spread that Argentine President Javier Milei disbanded the investigation team related to the token. Viva La Libertad had previously surged after being promoted by President Milei on his social media, but then immediately collapsed to zero, causing a pump and dump controversy.
On the 19th, President Milei officially dissolved the Special Investigation Team (ITU) investigating the LIBRA scandal through a decree signed with Justice Minister Mariano Cuneo Libarona. While the official stance is that the investigation team completed its mission, the opposition strongly criticizes this and is urging the establishment of a new investigation committee. The token's dramatic price fluctuations raised suspicions of insider trading and market manipulation, significantly damaging the president's credibility.
According to local public opinion polls, approximately 58% of Argentine citizens said they no longer trust the president due to this incident.
Meanwhile, Viva La Libertad is a project established with the aim of revitalizing the Argentine economy.
Choi Joo-hoon joohoon@blockstreet.co.kr
On the 19th, President Milei officially dissolved the Special Investigation Team (ITU) investigating the LIBRA scandal through a decree signed with Justice Minister Mariano Cuneo Libarona. While the official stance is that the investigation team completed its mission, the opposition strongly criticizes this and is urging the establishment of a new investigation committee. The token's dramatic price fluctuations raised suspicions of insider trading and market manipulation, significantly damaging the president's credibility.
According to local public opinion polls, approximately 58% of Argentine citizens said they no longer trust the president due to this incident.
Meanwhile, Viva La Libertad is a project established with the aim of revitalizing the Argentine economy.
Choi Joo-hoon joohoon@blockstreet.co.kr








