Bilingual Spanish Magazine Online
Buenos Aires, Argentina — Javier Milei made international headlines in recent weeks, but not in a way he may have wanted. The president of Argentina is under investigation in both his country and the United States for the $Libra cryptocurrency scandal, a “rug pull” that caused up to $300 million in losses for investors. While…
The scandal began with a tweet. “The world wants to invest in Argentina,” Javier Milei, Argentina’s president, posted at 7:01 p.m. on Valentine’s Day, offering a code to buy a new cryptocurrency. The digital coin was called $Libra, and it had been created 23 minutes earlier. Over the next few hours, thousands of people invested….
The good news for cryptocurrency investors arrived just after 8 a.m. on Friday: Coinbase, the largest crypto marketplace in the United States, had reached a deal with U.S. regulators to dismiss a lawsuit that had hung over the industry for years. But within hours, the crypto market descended into a new crisis. At 10:51 a.m.,…
