Tag #Javier Milei

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cnnespanol.cnn.com

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Feb 17, 01:08

Milei's Crypto Endorsement Leads to Market Crash and Impeachment Calls

Argentine President Javier Milei promoted then retracted his support for the $LIBRA cryptocurrency, causing a price surge and subsequent crash that resulted in millions of dollars in losses for investors, sparking a political scandal and calls for his impeachment.

Milei's Crypto Endorsement Leads to Market Crash and Impeachment Calls

Argentine President Javier Milei promoted then retracted his support for the $LIBRA cryptocurrency, causing a price surge and subsequent crash that resulted in millions of dollars in losses for investors, sparking a political scandal and calls for his impeachment.

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What were the immediate consequences of President Milei's promotion of the $LIBRA cryptocurrency, and how significant were the financial losses?

Argentine President Javier Milei promoted a cryptocurrency, $LIBRA, on X, causing its price to surge then crash, resulting in significant losses for investors. He later retracted his endorsement, citing lack of knowledge about the project. The event sparked a political firestorm, with calls for impeachment.

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.

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.

nbcnews.com

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Feb 11, 19:17

Milei's Economic Success Amidst Social Controversy in Argentina

Argentine President Javier Milei's economic reforms have yielded positive results, but his socially conservative views, including controversial comments on homosexuality, have sparked massive protests and deep divisions despite over half of Argentines supporting his overall performance.

Milei's Economic Success Amidst Social Controversy in Argentina

Argentine President Javier Milei's economic reforms have yielded positive results, but his socially conservative views, including controversial comments on homosexuality, have sparked massive protests and deep divisions despite over half of Argentines supporting his overall performance.

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Gender Equality

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What are the potential long-term consequences of Milei's policies and rhetoric on the social fabric and legal protections of LGBTQ+ Argentines and women?

Milei's policies risk reversing Argentina's progress on LGBTQ+ rights and gender equality, potentially creating a climate of increased discrimination and violence. The closure of government agencies dedicated to these issues and proposed legal changes further exacerbate concerns about the erosion of recently established protections.

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.

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.

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.

nos.nl

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Feb 5, 22:12

Argentina Withdraws from WHO, Paris Agreement, and Mercosur

Argentina, under President Milei, is withdrawing from the WHO, mirroring the US's action under Trump, and also plans to leave the Paris Agreement and Mercosur, impacting international relations and the economy.

Argentina Withdraws from WHO, Paris Agreement, and Mercosur

Argentina, under President Milei, is withdrawing from the WHO, mirroring the US's action under Trump, and also plans to leave the Paris Agreement and Mercosur, impacting international relations and the economy.

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Good Health and Well-being

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How will Argentina's withdrawal from Mercosur affect its economic relations with neighboring countries, specifically Brazil, and what are the underlying causes of this decision?

President Milei's actions, driven by his libertarian beliefs and mirroring those of President Trump, aim to dismantle international cooperation agreements. This includes withdrawing from the WHO, the Paris Agreement, and Mercosur, potentially harming Argentina's international relations and economic stability.

Showing 121 to 132 of 166 results