Libra Crypto Disaster: Creator Defends Project From Scam Allegations, Admits ...
Amid the Libra token controversy, Internet investigator Coffeezilla interviewed one of the people behind the Viva La Libertad project to discuss its disastrous launch and collapse, Argentina President Javier Milei’s involvement, and the “scam” allegations against the project. Related Reading: Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains Libra Creator Admits Sniper Allegations […]
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The recent controversy surrounding the memecoin Libra (LIBRA) has sparked significant global attention, particularly following revelations about its alleged ties to prominent political figures and “questionable business practices.” According to reports from The Big Whale, the team behind Libra was allegedly developing a parallel memecoin project in Nigeria and had established contact with the Nigerian […]
A new chapter has unfolded in the ongoing LIBRA cryptocurrency scandal, as fresh judicial findings suggest that the relationship between Argentine President Javier Milei and LIBRA co-creator Hayden Mark Davis may have been closer than previously acknowledged. The controversy traces back to February 14, 2025, when President Milei publicly promoted the LIBRA token. The endorsement […]
The G7's recent rejection of Libra doesn’t seem to have slowed them down. The Libra Association, which oversees the as-yet unreleased Libra cryptocurrency, has chosen a chief financial officer and chief risk officer for the project. Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the Libra Network’s finances and risk management, according to an Oct. 15 announcement.The news comes only days after the multi governmental group G7 explained that the project needed proper regulatory measures in place prior to launch. “The G7 continues to maintain that....
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement. Per a Tuesday press release, the Libra Association is changing its name to the Diem Association.The shift is likely in the hopes of turning the page on Libra's PR. Facebook initially announced its planned global stablecoin Libra in June of last year to immediate regulatory uproar that has swamped the project since. Facebook's involvement has proved especially controversial.The new name uses the Latin for day, as in "carpe diem." The Association's press....
Worldcoin (WLD) has come under heavy criticism following a recent development, which led to talks about potential price manipulation by the team. Prominent crypto on-chain sleuth ZachXBT also reacted to these price manipulation allegations, suggesting that the Worldcoin team may actually be guilty of them. “Biggest Scam Token Of The Bull Run” ZachXBT recently described […]