In this episode of Byte-Sized Insight with Cointelegraph, we dive into the controversy surrounding the LIBRA memecoin rug pull, the onchain evidence linking it to the MELANIA token and the subsequent fallout from Argentine President Javier Milei’s social media posts.
Host Savannah Fortis, Cointelegraph’s head of podcasts, is joined by Bubblemaps CEO Nicholas Vaiman, María Fernanda Juppet (CEO of CryptoMarket) and Cointelegraph breaking news reporter Zoltan Vardai to break down how the token launch unfolded, why insider trading accusations are swirling and what this means for Argentina’s crypto adoption.
We cover:
- (01:45) The nature of memecoins tied to political figures such as Trump, first lady Melania Trump and Argentinian president Javier Milei.
- (04:00) What was suspicious about the launch of LIBRA and why Bubblemaps leaned into the investigation.
- (05:23) The difference between LIBRA vs TRUMP and MELANIA.
- (06:34) Following the tokenomics (or lack thereof) LIBRA.
- (08:51) The on-chain breadcrumbs connecting LIBRA and MELANIA.
- (13:00) How insiders were able to snipe the market of millions.
- (18:52) The impact of LIBRA on the Argentinian market.
- (22:04) How to spot suspicious activity on the crypto internet.
From blockchain analytics to market reactions, we’re unpacking the full story so you can stay ahead of the latest crypto shakeups.
This episode was hosted and produced by Savannah Fortis @savannah_fortis.
Follow Cointelegraph on X @Cointelegraph.
Check out Cointelegraph at cointelegraph.com.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.