Circle freezes 57M USDC linked to LIBRA memecoin scandal

2025-5-29 07:38

Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the… origin »

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Libra crypto scandal: 86% of traders lost money on Javier Milei-endorsed memecoin

Argentina’s President Javier Milei has found himself at the center of a cryptocurrency scandal after a token he promoted, Libra, led to massive losses for retail traders. Research firm Nansen estimates that 86% of those who invested in the memecoin lost money, amounting to a staggering $251 million in total losses. Libra’s market value briefly […]

2025-2-20 08:09