Argentine President Javier Milei has come under public scrutiny due to the Libra cryptocurrency scandal. An investigation reveals that he had prolonged financial dealings with lobbyist Novelli, with transaction amounts increasing after he took office. Milei had previously promoted Libra and related projects, and both Congress and the judiciary have now launched investigations into the matter.

Argentina's President Milei is allegedly suspected of accepting a $5 million bribe in connection with promoting the LIBRA token. The evidence comes from digital forensics of the phone of cryptocurrency lobbyist Mauricio Novelli. Documents show the bribe was paid in three installments and included plans to have Milei deny statements related to the money.

Gate News bot message, Gate market data shows that since Libra launched on Alpha, it has risen 104.70%, currently trading at 0.01198 USDT.

On February 25, it was reported that Meta Platforms Inc. plans to integrate stablecoin payment functionality through Stripe Bridge in the second half of 2026, providing revenue payment solutions for creators. According to CoinDesk, the plan aims to leverage the new regulatory environment in the United States, reduce cross-border settlement costs, and accelerate small-value transfers. The news indicates that Meta has issued a proposal request to third-party infrastructure companies, with Stripe considered a potential partner. Stripe CEO Patrick Collison will join Meta's board of directors in April 2025 to strengthen the collaboration between the two companies. Meta previously launched the Libra project (later renamed Diem) in 2019, which was terminated due to regulatory pressures. This integration plan does not involve issuing its own stablecoin but instead promotes it as a distribution channel.

Bubblemaps reports that Hayden Davis, a suspect in the LIBRA token scam, is the second-largest investor in Pump.fun's private round, investing 50 million USDC and selling for profit on the first day of listing. The address is clearly linked to Hayden Davis's on-chain transactions, and it is currently unclear whether Pump.fun's official team is aware.

Odaily News According to monitoring by Lookonchain, trader (EMp115) has just purchased 7.13 million VEIL. This trader previously made a profit of 897,900 USD on LIBRA and a profit of 427,600 USD on GRIFFAIN.

The Argentine House of Representatives investigation committee released a report accusing President Milei of providing key collaboration for the Libra project, resulting in a loss of $107 million. The report associates KIP Protocol, suggesting that the government is evading regulation. Milei denies the accusations and is currently undergoing a judicial investigation with the founder of Libra.

According to BlockBeats news on November 18, Lookonchain monitored that the LIBRA Token team just withdrew 3.94 million USDC from the liquidity pool and spent 17 million USDC to buy 127,774 SOL at a price of 133 USD each.