Argentina’s prosecutor ordered the freezing of $100 million in crypto linked to LIBRA Coin amid an investigation into market manipulation and insider trading.
Authorities are investigating President Milei’s role in LIBRA Coin’s collapse as allegations of fraud, power abuse, and influence peddling continue to grow.
Eduardo Taiano, Argentina’s federal prosecutor, has issued a freeze order on approximately $100 million in crypto assets related to the sale of the LIBRA coin. The action is part of an inquiry into claimed insider trading and market manipulation involving President Javier Milei and several crypto entrepreneurs.
The case emphasizes the great risks of speculative investing in digital assets, particularly in relation to political individuals engaged in their encouragement.
JUST IN: ARGENTINA’S CHIEF PROSECUTOR EDUARDO TAIANO ORDERED THE FREEZING OF NEARLY $100M IN CRYPTO LINKED TO THE SALE OF $LIBRA COINS, CLARÍN REPORTED
— BSCN Headlines (@BSCNheadlines) March
