Tag #Argentina

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us.cnn.com

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Feb 17, 04:10

Milei Faces Impeachment After Cryptocurrency Endorsement Leads to Investor Losses

Argentine President Javier Milei is facing impeachment calls after promoting the little-known cryptocurrency "$LIBRA", which experienced a rapid price surge followed by a crash, resulting in significant investor losses and accusations of a scam.

Milei Faces Impeachment After Cryptocurrency Endorsement Leads to Investor Losses

Argentine President Javier Milei is facing impeachment calls after promoting the little-known cryptocurrency "$LIBRA", which experienced a rapid price surge followed by a crash, resulting in significant investor losses and accusations of a scam.

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How did the structure and timing of the $LIBRA cryptocurrency's launch contribute to the rapid price increase and subsequent crash, and what role did large investors play?

Milei's tweet promoting $LIBRA, subsequently deleted, led to a rapid price increase followed by a sharp drop, classic "pump and dump" scheme characteristics. Experts highlight the cryptocurrency's recent creation and initial concentration in a few wallets as evidence of potential manipulation. Opposition parties have initiated impeachment proceedings.

zeit.de

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Feb 17, 07:09

Lawsuit Filed Against Argentinian President Milei for Cryptocurrency Fraud

Argentine lawyers filed a fraud lawsuit against President Javier Milei on Sunday for promoting a cryptocurrency, "$LIBRA", that crashed hours later, causing millions in investor losses; a judge will assign the case to a prosecutor on Monday.

Lawsuit Filed Against Argentinian President Milei for Cryptocurrency Fraud

Argentine lawyers filed a fraud lawsuit against President Javier Milei on Sunday for promoting a cryptocurrency, "$LIBRA", that crashed hours later, causing millions in investor losses; a judge will assign the case to a prosecutor on Monday.

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How did the alleged "rug pull" scheme involving $LIBRA operate, and what evidence supports the claims of fraud against President Milei?

The lawsuit alleges President Milei's promotion of $LIBRA constituted fraud, citing the cryptocurrency's rapid collapse after he posted about it on X (formerly Twitter). Experts claim the scheme generated approximately $107 million in profit before the crash, exploiting investors. Milei's office claims he was uninvolved and has initiated an internal investigation.

cnnespanol.cnn.com

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Feb 17, 19:09

Fraud Charges Filed Against Argentine President Milei Over Cryptocurrency Promotion

Argentine lawyers filed fraud charges against President Javier Milei on Sunday for promoting a cryptocurrency on social media; the cryptocurrency's value plummeted after Milei deleted his post, causing millions of dollars in losses for investors; Milei's office claims he was unaware of the project's...

Fraud Charges Filed Against Argentine President Milei Over Cryptocurrency Promotion

Argentine lawyers filed fraud charges against President Javier Milei on Sunday for promoting a cryptocurrency on social media; the cryptocurrency's value plummeted after Milei deleted his post, causing millions of dollars in losses for investors; Milei's office claims he was unaware of the project's...

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How did the alleged actions of President Milei contribute to the cryptocurrency's collapse and the ensuing financial losses?

The incident highlights the risks associated with cryptocurrency investments and the potential for manipulation. The lawyers allege Milei engaged in a "rug pull", a scheme where promoters attract investors and then abandon the project after funds inflate, rendering tokens worthless. This case involves accusations of illicit association and fraud.

nrc.nl

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Feb 16, 16:08

Milei Faces Impeachment After "$LIBRA" Crypto Crash

Argentine President Javier Milei promoted the cryptocurrency "$LIBRA", causing its market cap to reach over \$4 billion before a 95% crash resulting in losses for 40,000 investors; he now faces impeachment proceedings.

Milei Faces Impeachment After "$LIBRA" Crypto Crash

Argentine President Javier Milei promoted the cryptocurrency "$LIBRA", causing its market cap to reach over \$4 billion before a 95% crash resulting in losses for 40,000 investors; he now faces impeachment proceedings.

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What are the immediate consequences of President Milei's promotion of the cryptocurrency "$LIBRA", and how does this impact Argentina's political landscape?

Argentine President Javier Milei promoted the cryptocurrency "$LIBRA" on social media, causing its market cap to surge to over \$4 billion before plummeting by 95%, resulting in losses for 40,000 investors. Milei subsequently admitted a mistake, claiming ignorance of the project's details and removing his promotional post. The opposition is now pursuing impeachment proceedings.

elpais.com

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Feb 16, 22:08

Milei's Libra Endorsement Leads to Crypto Crash

Argentine President Javier Milei's endorsement of the Libra cryptocurrency caused its value to skyrocket to \$4.7 before crashing after large holders withdrew \$90 million, resulting in substantial investor losses and raising concerns about market manipulation.

Milei's Libra Endorsement Leads to Crypto Crash

Argentine President Javier Milei's endorsement of the Libra cryptocurrency caused its value to skyrocket to \$4.7 before crashing after large holders withdrew \$90 million, resulting in substantial investor losses and raising concerns about market manipulation.

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What are the broader implications of this incident for the cryptocurrency market, investor confidence, and potential regulatory responses?

This event underscores the potential for manipulation and fraud in the cryptocurrency market. The rapid rise and fall of Libra, coupled with allegations of a rug pull and conflicting accounts from involved parties, raises concerns about regulatory oversight and investor protection. Future investigations may reveal further systemic issues.

elpais.com

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Feb 15, 01:08

Argentina Declares Mapuche Group RAM a Terrorist Organization Amid Devastating Wildfires

The Argentine government declared the Mapuche group RAM a terrorist organization, blaming them for wildfires that have destroyed 37,000 hectares in Patagonia, despite a lack of concrete evidence and denials from RAM leader Jones Huala; the move has sparked controversy and concerns about escalating c...

Argentina Declares Mapuche Group RAM a Terrorist Organization Amid Devastating Wildfires

The Argentine government declared the Mapuche group RAM a terrorist organization, blaming them for wildfires that have destroyed 37,000 hectares in Patagonia, despite a lack of concrete evidence and denials from RAM leader Jones Huala; the move has sparked controversy and concerns about escalating c...

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What are the immediate consequences of the Argentine government declaring RAM a terrorist organization?

The Argentine government, under President Javier Milei, has declared the Mapuche group Resistencia Ancestral Mapuche (RAM) a terrorist organization, citing allegedly unproven accusations of arson responsible for devastating wildfires across 37,000 hectares of native forests and numerous homes in Patagonia. This designation, formalized by Security Minister Patricia Bullrich, places RAM alongside groups like Hamas and Hezbollah.

elmundo.es

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Feb 17, 04:10

Macri Demands Investigation into Milei Cryptocurrency Scandal

Argentine ex-president Mauricio Macri demanded a full investigation into a cryptocurrency scandal promoted by President Javier Milei, resulting in $87 million in profit for a small group and losses for 40,000 investors; Milei deleted his promotional tweet and responded with attacks on the opposition...

Macri Demands Investigation into Milei Cryptocurrency Scandal

Argentine ex-president Mauricio Macri demanded a full investigation into a cryptocurrency scandal promoted by President Javier Milei, resulting in $87 million in profit for a small group and losses for 40,000 investors; Milei deleted his promotional tweet and responded with attacks on the opposition...

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How did President Milei's actions, including promoting the investment and his response to the ensuing controversy, contribute to the scandal's severity and political implications?

Macri's criticism targets those close to President Milei, including his sister and advisor, whom Macri views as rivals seeking to control the center-right political space. This scandal, involving a cryptocurrency investment promoted by Milei himself, resulted in $87 million in profit for a small group and losses for 40,000 investors. Milei's subsequent actions, including deleting his promotional tweet and attacking the opposition, further fueled the controversy.

elpais.com

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Feb 17, 10:14

Argentine Dictatorship: Remains of Paraguayan Catechist Identified After 47 Years

After a 47-year search, the remains of Paraguayan catechist Daniel Esquivel, abducted in Argentina in 1977 during the military dictatorship, have been identified via DNA testing by the Argentine Forensic Anthropology Team and will be buried on March 23rd.

Argentine Dictatorship: Remains of Paraguayan Catechist Identified After 47 Years

After a 47-year search, the remains of Paraguayan catechist Daniel Esquivel, abducted in Argentina in 1977 during the military dictatorship, have been identified via DNA testing by the Argentine Forensic Anthropology Team and will be buried on March 23rd.

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Peace, Justice, and Strong Institutions

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What specific actions led to the identification and return of Daniel Esquivel's remains after 47 years?

On February 2, 1977, Argentine authorities abducted Paraguayan catechist Daniel Esquivel (32). His twin sister, Genoveva, searched for him for 47 years, finally receiving confirmation of his identification through DNA testing and the work of the Argentine Forensic Anthropology Team (EAAF). He was found to have been murdered and buried in a mass grave after being held at a clandestine detention center.

elpais.com

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Feb 16, 01:06

\$LIBRA Cryptocurrency Plummets After Argentinian President's Endorsement

Argentinian President Javier Milei promoted a cryptocurrency called \$LIBRA on X, which experienced a rapid rise to \$4.5 billion before plummeting hours later after Milei disavowed the project; similar events occurred with a Central African Republic cryptocurrency, both operating on the Solana plat...

\$LIBRA Cryptocurrency Plummets After Argentinian President's Endorsement

Argentinian President Javier Milei promoted a cryptocurrency called \$LIBRA on X, which experienced a rapid rise to \$4.5 billion before plummeting hours later after Milei disavowed the project; similar events occurred with a Central African Republic cryptocurrency, both operating on the Solana plat...

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How did the characteristics of the \$LIBRA project, such as its tokenomics and ownership structure, contribute to its rapid rise and fall, and what are the implications for investors?

The \$LIBRA cryptocurrency, launched with Milei's endorsement, showed signs of manipulation, including a suspiciously timed surge in value and highly centralized ownership. This, coupled with the opaque nature of the project's tokenomics, suggests a potential rug pull scam.

lexpress.fr

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Feb 16, 19:09

Argentine President Faces Backlash After Cryptocurrency Promotion Leads to "Rug Pull"

Argentine President Javier Milei's endorsement of the cryptocurrency "$LIBRA", which subsequently crashed, has caused a political storm, with accusations of fraud and calls for an investigation into potential government misconduct; approximately \$4.4 billion was impacted in a suspected "rug pull".

Argentine President Faces Backlash After Cryptocurrency Promotion Leads to "Rug Pull"

Argentine President Javier Milei's endorsement of the cryptocurrency "$LIBRA", which subsequently crashed, has caused a political storm, with accusations of fraud and calls for an investigation into potential government misconduct; approximately \$4.4 billion was impacted in a suspected "rug pull".

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What are the immediate consequences of President Milei's endorsement of the failed cryptocurrency "$LIBRA"?

Argentine President Javier Milei promoted a cryptocurrency, "$LIBRA", which subsequently crashed, causing accusations of fraud and calls for investigations. His endorsement, via social media, was removed hours later after the alleged "rug pull", impacting an estimated $4.4 billion. The presidency announced an anticorruption investigation into the matter.

lemonde.fr

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Feb 15, 01:08

Argentina Issues Arrest Warrants for Myanmar Junta Leaders and Aung San Suu Kyi for Rohingya Genocide

An Argentine judge issued arrest warrants for Myanmar's junta chief, Min Aung Hlaing, and other officials, including Aung San Suu Kyi, for genocide and crimes against humanity against the Rohingya, based on a 2021 complaint and the principle of universal jurisdiction.

Argentina Issues Arrest Warrants for Myanmar Junta Leaders and Aung San Suu Kyi for Rohingya Genocide

An Argentine judge issued arrest warrants for Myanmar's junta chief, Min Aung Hlaing, and other officials, including Aung San Suu Kyi, for genocide and crimes against humanity against the Rohingya, based on a 2021 complaint and the principle of universal jurisdiction.

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How does the Argentine court's use of universal jurisdiction relate to broader international efforts to address the Rohingya crisis?

The Argentine court's decision reflects the ongoing international efforts to hold perpetrators of the Rohingya crisis accountable. The principle of universal jurisdiction allows prosecution of serious crimes regardless of where they occurred or the nationality of the accused, highlighting the global nature of this issue. The case is significant because it involves high-ranking officials, including Aung San Suu Kyi.

elmundo.es

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Feb 15, 22:10

Milei's Cryptocurrency Endorsement Leads to Investor Losses and Impeachment Calls

Argentine President Javier Milei's promotion of the \$LIBRA cryptocurrency caused a rapid price surge followed by a dramatic crash, resulting in significant investor losses and sparking calls for his impeachment and investigations into potential fraud.

Milei's Cryptocurrency Endorsement Leads to Investor Losses and Impeachment Calls

Argentine President Javier Milei's promotion of the \$LIBRA cryptocurrency caused a rapid price surge followed by a dramatic crash, resulting in significant investor losses and sparking calls for his impeachment and investigations into potential fraud.

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What are the potential long-term implications of this incident on the Argentine political landscape and the regulation of cryptocurrencies?

The \$LIBRA incident highlights the risks associated with cryptocurrency investments, particularly when endorsed by public figures. The rapid price fluctuations and subsequent losses underscore the need for greater regulation and transparency in the cryptocurrency market. Future implications include increased scrutiny of political endorsements of financial products and potential legal ramifications for Milei.

Showing 253 to 264 of 404 results