A group of Argentine lawyers have filed a complaint with the US DOJ and FBI that points to the protagonists behind the LIBRA token and asks for President Javier Milei to be investigated. Source link
Day: February 17, 2025
LIBRA scandal brings Nigerian meme coin plans to light
Key Takeaways Kelsier Ventures is planning a Nigerian expansion despite the LIBRA memecoin scandal. The scandal led to a loss of $4 billion due to the withdrawal of support from Argentina’s President. Share this article Kelsier Ventures, the firm at the center of Argentina’s LIBRA meme coin scandal, has been in discussions with Nigerian officials about launching a similar project on the Solana blockchain, The Big Whale reported. The firm’s Nigerian expansion plans emerge after the LIBRA controversy, which resulted in estimated losses of $4 billion affecting 40,000 investors. While…
Ethereum price rallies to 2-week high above $2.8K — Data suggests it’s a pump-n-dump
Ether price rallied 7% after a new memecoin protocol was launched, but data shows traders are not buying the hype. Source link
Solana shorts spike amid memecoin scandals
The ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount. Source link
$2B Solana unlock incoming — Is it time to hold, short or sell SOL?
11.2 million SOL tokens will unlock on March 1. Will traders hold, short or sell their Solana positions ahead of the distribution event? Source link
Pantera founder faces tax probe, Argentine lawyers hit Milei with fraud charges: Law Decoded
The US Senate Finance Committee sent a letter asking Pantera Capital founder Dan Morehead for information on more than $850 million in crypto profits. Source link
Price analysis 2/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin bulls appear reluctant to buy dips after BTC’s repeat failures to secure a close above $98,500. Source link
Unlike Ulbricht, SBF faces ‘slim’ chance of conviction relief
The Office of the Pardon Attorney has a backlog of roughly 10,000 petitions. Unless a convict has political connections, the chances of clemency are slim. Source link
The Next Decade, Part 1: The Road Behind
It’s a new year, and with that new year come all the normal social media circle jerking centered around predictions of “what will happen in 2020!” I wanted to extend that out a bit, and look at the next decade. But first, I wanted to spend a minute going over the last (yeah, I know I’m a year late, blah blah) to really drill in how far things have come. Mining and Network Security In 2010 the network was secured by hobbyists desktop CPUs, trivially over powered by any large…
MEMX exchange files to list 21Shares XRP ETF
The exchange seeks to list the ETF as a commodities-based trust, according to the filing. Source link