Part 1 Libra scam wreaks havoc in the meme market
Javier Milei has askes the Anti-Corruption Office to investigate the LIBRA scam throughfully; however, the Cryptoverse has turned against President Milei over the scam.
Anti-Corruption Office to investigate
The Argentine Presidential Office has officially asked the Anti-Corruption Office to look into the LIBRA token incident. Melei has urged that everyone involved in the case, including officials of the national government, Argentina's president, or any firm or individual associated with the KIP Protocol project, be reported for any potential misconduct.
Milei losses popularity
Javier Milei, once highly respected in the cryptoverse for his pro-Bitcoin stance, is now facing growing backlash. His supporters, who were once enthusiastic about his Bitcoin advocacy, have turned into critics. Investors who once backed his vision are now his harshest detractors. Moving forward, the cryptoverse's opposition to Milei may intensify.
My Point
I don't think Milei is culprit, but it was his duty to make a foolproof plan for a crypto instead of just a Memecoin. Avoid greed, nobody has had any guarantee with Memecoin.
Originally published on Wubits as thread.