Nic Carter, a partner at Castle Island Ventures, believes the memecoin era may end due to the recent $4 billion LIBRA scandal involving Argentine President Javier Milei, revealing significant corruption and manipulation in the memecoin sector. In a recent post on X, Carter explained that memecoins were initially seen as ...
Argentine President Javier Milei has denied allegations that he promoted the LIBRA memecoin, which recently experienced a dramatic surge followed by a crash, leaving investors with significant losses. Addressing the controversy, as reported by tier10k on X, Milei clarified that he merely shared information about the token and never encouraged ...
The founder of the Solana-based token launchpad Pump.fun, known as Alon, has called for stricter regulations for platforms that facilitate token launches following the controversial LIBRA memecoin incident. On February 18, he expressed frustration over what he termed an “insider scam” after LIBRA briefly gained attention when endorsed by Argentine ...
Ben Chow, co-founder of the Solana-based decentralized exchange Meteora, has reportedly resigned from his position. The development was confirmed by Meow, the pseudonymous co-founder of both Meteora and Jupiter, in an X post on February 18. Chow's resignation comes amidst swirling allegations related to the LIBRA memecoin. Hi, I’m meow ...
The Jupiter team has responded to allegations regarding their participation in the controversial launch of the $LIBRA memecoin, which saw a rapid rise and subsequent crash after being promoted by Argentine President Javier Milei. In a now-deleted post, Milei labelled the token as a "private project" to boost the Argentine ...
