No, this is not a thread about America's favorite con man, Felony Don. Although it really could be. It's about some of his far-right friends in Argentina. It seems that fleecing the people through untraceable crypto scams is the latest right-wing con. Get your wallets out, sheep!! Daddy needs a new hotel complex!! Argentine lawyers accuse President Milei of fraud over cryptocurrency promotion MONTEVIDEO, Uruguay (AP) — Argentine lawyers filed fraud complaints against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press. On Friday, Milei posted on X about $LIBRA, a coin that he said was aimed at “encouraging economic growth by funding small businesses and startups.” He deleted the post a few hours later and the value of the currency collapsed, causing millions of dollars in losses to its brief investors, according to financial site Dexscreener. The coin, developed by KIP Protocol and Hayden Davis, could be obtained by accessing a link that directed users to a website called vivalalibertadproject.com, referring to the well-known phrase with which Milei closes speeches and messages on his social media. https://apnews.com/article/argentin...raud-charges-c0321f320a00cdb58edfb365ba8ce0f8
Maybe it's just me but in the end I think that crypto will turn out to be one of the greatests cons in history. Interestingly one of the few times that he was right Trump himself referred to it as a con but that was before he received large campaign contributions from crypto bros and discovered that he could enrich himself by exploiting the con himself. Donald Trump Said Bitcoin Is Based On "Thin Air," But Wall Street Is Buying En Masse Trump shifts stance on cryptocurrency to win over new bloc of voters and mega-donors
bigger picture, maybe deservies it's own thread but will hang it here since my posts about the corruption related to the trump coins keeps getting deleted.. the guy who originally pimped $libra is now on the record discussing the illegal insider trading nature of crypto coin launches across the industry. guy behind the scenes in $libra coincidentally enough (with Argentina on front page) came out and admitted to multiple federal crimes and how every coin launch follows the same illegal tract to steal from retail investors. turns out he is also the launch point for melania and 4trump god thing we are reinforcing the SEC and SCFB to regulate this new form of insider trading. Massive theft of wealth from stoopid americans buying into this blackbox 'This isn't some random f*cking scam:' Hayden Mark Davis, mastermind behind crashed Libra crypto scam Davis, who listed “hustling expert” and “business networking” as skills on his LinkedIn profile, published a video on X shortly after the token crashed, calling himself “Javier Milei’s advisor.” He also said he is working with Milei and his team on “much bigger tokenization and really cool stuff in Argentina, and I absolutely back him.” While Davis didn’t give specifics on what went down or who took out over $100 million through insider wallets, he admitted in the video that “things didn’t go according to plan.” He also pledged to return “every single dollar that was collected from fees, or farming or liquidity, anything I’ve managed to get back and my intention is to inject everything back into the Libra chart.” As of press time, it’s unclear whether Davis was responsible for launching the token. However, this does not appear to be his first pump-and-dump incident. Analysts at blockchain analytics platform Bubblemaps have uncovered on-chain evidence suggesting that the entity behind the LIBRA crash also orchestrated the MELANIA token launch. Later in his interview with Coffeezilla, Davis admitted he was involved in the MELANIA launch and took advantage of it. Davis also talked about meme coin launches like MELANIA, telling retail investors who think they can make millions trading meme coins they should study their “fucking ass off,” adding that the meme coin space is an “unregulated casino.”
Hayden Davis exposes Trump and Melania for crypto insider trading alongside other crimes Hayden shared that before Trump’s token launch, a small group of investors were granted exclusive pre-sale access at a valuation of $500 million. According to him, these buyers were let in before the contract address was made public, so that they could purchase at rock-bottom prices before the retail frenzy.“They gave people special access to buy in before it launched,” Hayden said. “That’s what I was told.” When pressed on where this happened, he named Washington, D.C., as the location where the deal allegedly took place. Melania’s token, Hayden admitted, followed the same playbook. He was directly involved in the launch and confirmed that his team sniped it. The goal, according to him, was to counteract external snipers, but in reality, it meant insiders once again took the best entry positions before the public. ................... Hayden confirmed that it happens across the entire industry, from Solana-based launches to Binance Smart Chain projects. “This is the conversation that goes on with everybody,” he said. “Everybody that knows how these launches work, that’s the conversation.” “The people with the most money, the most access, and the most control always win,” Hayden told Coffeezilla. “They never lose.” He acknowledged that meme coins are a zero-sum game, where one trader’s gain is another trader’s loss.
Shock! $500 Million Insider Trading with TRUMP Coin: The Mystery of LIBRA and the Underlying Game of Crypto | blogtienso on Binance Square In an interview with investigative YouTuber Stephen Findeisen, known as Coffeezilla, on February 16, Davis revealed that 'big players' in the cryptocurrency world attended a private event in Washington, D.C. to buy TRUMP with up to $500 million. According to him, it was not bots or individual retail investors causing the 'sniping' effect when the token launched, but an organized campaign aimed at reserving a large amount of tokens for those with insider information. Davis emphasized: "The largest profits were made from TRUMP. It is a prime example, completely transparent. People were able to buy in with $500 million." While details about the organizers of the token sale have not been fully verified, according to transmitted information, this insider trading occurred right at a crypto event in the U.S. capital.
tried posting a thread 2x with same stories as above about the corruption associated with the trump and Melaina coins but it kept getting deleted. curious that we can post about same thing with Argentina but can't post about what is happening here with the POTUS in DC. WTH GC? $trump and $melania are the names they chose for their coins, not nicknames
Actually, no the two posts were deleted by 2 different mods because they mistakenly thought they violated the new rule on nicknames. Keeping them in the one thread is the best solution, in my opinion.
Apparently the name of the coin is considered an insult under the new rules. Funny how derogatory nicknames were fine while Biden was in office
Sorry but direct testimony linking potus involvement of his and wife corruption is different than Argentina. Burying the lead...
As was mentioned in the thread about the rule on nicknames, this was not driven by partisanship but rather an attempt to make discussions more civil. To do that you need to start off on the right foot with a correct thread title.
is the name of the coin a nickname that is not allowed? I have had more threads nuked and posts censored in the last two months than I have in the entire time I have been here. things derogatory to this administration or discussing the historical similarities to major events in the recent history of mankind that nearly ended the planet are now being actively censored. spin it how you will but that is the reality that partisan application is happening and it isn't good for any of us. jmo
shocking. I wonder how many of those that lost bigly feel it was theri patriotic duty to enrich the MAGA boosters who sniped this coin launch legally at a MAGA event in DC. Like stealing candy from children.. ‘Shady Crypto Scheme’: Investors Dealt Bad News Over Trump Coin Just prior to his inauguration, President Donald Trump's $Trump memecoin was launched, resulting in significant financial gains for early investors but substantial losses for many others. According to Chainalysis, over 800,000 buyers incurred losses exceeding $2 billion. While there is no evidence of price manipulation by Trump or his associates, concerns have been raised regarding potential insider trading and the actions of early investors. Former crypto adviser Corey Frayer said, "The president is participating in shady crypto schemes that harm investors while at the same time appointing financial regulators who will roll back protections for victims and who may insulate him and his family from enforcement."
Don't you worry... Elon Musk and "big-balls" will find all the Dems' real American currency fraud soon enough. That fraud affects us all, FAR MORE than just the small percentage of people that choose (on their own free will/right) to buy Crypto currency. The right for me or any American to buy cryptocurrency is less fraudulent than the Dems "GREEN NEW DEAL" that is PURE SCAM, FRUAD AND THEFT OF REAL CASH.
