Recent reports indicate that MILEI and ARG, two Argentinian crypto tokens, may be linked to the LIBRA team. Senior Data Engineer Fernando Molina highlights similarities in their launch strategies and funding sources. Additionally, the ongoing fallout from the controversial LIBRA launch continues to attract legal attention and scrutiny.
Reports suggest that a new crypto token project from Argentina may have been initiated by the LIBRA team, leading to the creation of two additional tokens known as MILEI and ARG. Fernando Molina, a Senior Data Engineer at Blockworks, indicates that there may have been an attempted last-minute alteration of the LIBRA token to ARG. He explores overlapping characteristics among the three tokens, such as shared funding sources and similar creator accounts on the FixedFloat exchange.
Molina notes that the creators of MILEI, ARG, and LIBRA all utilized the liquidity pool known as Meteora and each deposited 108 tokens into this pool. Although ARG displays slightly different metadata than LIBRA, both tokens possess nearly identical logos. Molina asserts that MILEI was likely a testing phase for the LIBRA launch, as it was introduced mere minutes before LIBRA was announced, while ARG appeared shortly thereafter, prior to Javier Milei’s public introduction of LIBRA.
It is important to highlight that according to reports from the Argentinian publisher Pagina, the funding wallets for these tokens remain anonymous and there is insufficient evidence to definitively link the creators of each token. Furthermore, the release of the LIBRA token has already sparked controversy, as Milei previously endorsed the token which subsequently experienced a significant decline in value, resulting in legal action involving the companies tied to the launch of LIBRA, including Meteora, in the Supreme Court of New York.
In conclusion, the emergence of Argentinian tokens MILEI and ARG may possibly be associated with the LIBRA team, underscoring the complex dynamics within cryptocurrency projects. The shared characteristics in funding and timing raise questions about the intent behind these launches. The ongoing legal ramifications from this situation further emphasize the need for transparency and stability in the evolving cryptocurrency landscape.
Original Source: protos.com
