Argentine President Javier Milei charged with fraud over LIBRA token scandal
According to The Block, Argentine lawyers have filed a lawsuit against the country's President Javier Milei, accusing him of fraud for his involvement in the LIBRA token project. The scandal escalated over the weekend after the token's value plunged 95% after Milei's initial promotion. Plaintiff Jonatan Baldiviezo said "This illegal group committed fraud, and the president's actions played a key role in it." Another plaintiff, Claudio Lozano, is an economist who previously served as governor of the Argentine Central Bank; a lawyer and an engineer have also joined the lawsuit. The judge in the case may be appointed as early as tomorrow. Milei denies having prior knowledge of the token project and insists he is innocent in the scandal. His government announced yesterday that it will investigate the token project itself, while his political opponents are calling for impeachment. His statement said: "In view of the facts, President Javier Milei has decided to immediately have the Anti-Corruption Office (OA) intervene to determine whether any member of the national government, including the President himself, has engaged in any wrongdoing." Project advisor Hayden Davis accused Milei of withdrawing support for the project, causing the price to plummet and investors to lose confidence.
Cantor Fitzgerald purchased over $100 million worth of MSTR stock in Q4 last year
According to Bitcoin News, the bond trading giant Cantor Fitzgerald, under the previous leadership of Howard Lutnick, purchased over $100 million worth of MicroStrategy (MSTR) stock in the fourth quarter of 2024, making it the company's largest shareholder. Their average purchase price was $229 per share, and the value of these shares has since increased by 47%. Lutnick is currently the head of the sovereign wealth fund established by US President Trump, and also serves as the Secretary of Commerce.
Later news, JPMorgan Chase has increased its holdings of MSTR stock by $100 million; The California Teachers' Retirement System has doubled its MSTR holdings, now worth $83 million.
Regarding the LIBRA token, the decentralized exchange Jupiter in the Solana ecosystem stated on the X platform: "A few members of our team learned directly from Kelsier Ventures about two weeks ago that at some point, a token project related to Argentine President Javier Milei would be launched. Although we were initially skeptical, we later saw credible evidence on Milei's personal Twitter account that he was quite serious about it. This is the extent of what we know. We are completely unaware of the transactions between Milei and the market makers, and have never participated in any form. " Jupiter also stated that the news of an "Argentine coin" being issued in the meme coin circle has long been an open secret, but in line with its confidentiality principle, Jupiter has never disclosed this to anyone, either online or offline. Additionally, no one on the team has ever received any LIBRA tokens or related compensation. The developers of Jupiter's products were not aware of the release date, time or contract address (CA) prior to the release. Only Meow himself learned of the event on the day of release, but he did not know the contract address or specific time, and did not participate in any way. Ben from Meteora learned the contract address a few minutes before the release to verify it, but only shared it with the Jupiter team after the information was made public. Jupiter did not verify the contract address in advance or immediately, contrary to the FUD circulating on Twitter. Instead, Jupiter waited for the public confirmation from Milei's Twitter account and sufficient trading volume. Jupiter also stated: "We take the allegations of insider trading very seriously. We have conducted our own investigation and found no evidence of any front-running by team members. If you have evidence that Jupiter employees have leaked information or engaged in front-running, please contact us directly."
Previously, yesterday's news, Jupiter co-founder stated that they have no direct financial interest in the $Libra and $Enron projects.
CZ: Hopes to see more on-chain AI agent development, refuses to promote specific tokens
Binance founder CZ stated on the X platform that he is not trying to promote any specific AI agent tokens. But he hopes to see more on-chain AI agent development with real use cases. True development usually happens after the hype has passed.
Previously, yesterday's news, CZ said he heard that the BNB Chain team is making a video tutorial on how to create on-chain AI agents.
Adam, a macroeconomic researcher at Greeks.live, posted on the X platform that the notable macroeconomic news this week is the news about the Russia-Ukraine conflict between the EU and US. The Russia-Ukraine war has been an important reason for the rise in commodity prices, and if the situation changes, it may alter the current overall inflation logic. In the crypto space, the Consensus Hong Kong conference is opening this week, with many related events, and FTX will start repaying creditors, both of which are worth watching. The EU's Crypto Asset Markets (MiCA) regulation is now fully in effect, and compliant exchanges like Kraken are gradually delisting USDT and other stablecoins in the European region. The crypto market remains depressed, with Bitcoin continuing to fluctuate below $100,000, and the meme coin fiasco has exacerbated the downturn in Altcoins, resulting in a relatively weak wealth effect in the market, which is very pessimistic. In the options market, the implied volatility (IV) across all tenors continues to decline, with the current month's at-the-money IV already dropping to 45%, with recent activity mainly consisting of large-scale portfolio adjustments.
Alleged hacking of a16z founder's X account, users should be cautious
According to community users, the X account of a16z founder Shaw appears to have been hacked, and users should be cautious and avoid interacting with any suspicious links.
According to Cointelegraph, CoinGlass data shows that as of 10:35 UTC on February 16, over 70% of outstanding ETH options contracts were call options. Nansen research analyst Nicolai Sondergaard said the call-heavy positioning indicates investors are cautiously optimistic about ETH's medium-term appreciation. However, although ETH has not seen a clear recovery in the current cycle, its price is still around 44% lower than the all-time high of over $4,890 set in November 2021.
According to monitoring by ai_9684xtpa, a recent whale/institution with the address 0x353...2Bf7f has accumulated 1.9 million $OM (about $14.45 million), currently with an unrealized profit of $1.877 million. The address has been withdrawing $OM from Binance in batches since 2025.01.19, at an average price of $6.62 (current price $7.62), and has transferred 260,000 tokens to a new address during this period, but has not sold any tokens.
According to ai_9684xtpa's monitoring, the top 1 whale with a personal holding of 0x9de...f0960 has built a position in $SHELL and made a floating profit of $414,000 in just three days, with a return rate of 55.6%. He bought 2.09 million tokens at an average price of $0.3628 and invested a total of $745,000. He currently holds 0.42% of the token chips and has not made any sales during this period. Data: Tokens such as MURA, MELANIA, and FTN will face large-scale unlocking next week, among which MURA will unlock tokens worth about $85.4 million Token Unlocks data shows that tokens such as MURA, MELANIA, and FTN will face large-scale unlocking next week: - Murasaki (MURA) will unlock about 20 million tokens at 8 AM Beijing time on February 23, accounting for 2.00% of the current circulating supply, worth about $85.4 million. - Melania Meme (MELANIA) will unlock about 61.25 million tokens at 8 AM Beijing time on February 20, accounting for 40.83% of the current circulating supply, worth about $81.5 million. - Fasttoken (FTN) will unlock about 20 million tokens at 8 AM Beijing time on February 18, accounting for 4.66% of the current circulating supply, worth about $78.6 million. - QuantixAI (QAI) will unlock about 56,570 tokens at 8 AM Beijing time on February 18, accounting for 10.88% of the current circulating supply, worth about $48.2 million. - Metars Genesis (MRS) will unlock about 10 million tokens at 8 AM Beijing time on February 21, accounting for 11.87% of the current circulating supply, worth about $29.2 million. - Immutable (IMX) will unlock about 24.52 million tokens at 8 AM Beijing time on February 21, accounting for 1.41% of the current circulating supply, worth about $20.1 million. - ApeCoin (APE) will unlock about 15.6 million tokens at 8:30 PM Beijing time on February 17, accounting for 2.16% of the current circulating supply, worth about $11.4 million. - Pixels (PIXEL) will unlock about 91.18 million tokens at 6 PM Beijing time on February 19, accounting for 11.83% of the current circulating supply, worth about $6.3 million. - SPACE ID (ID) will unlock about 18.49 million tokens at 8 AM Beijing time on February 22, accounting for 4.29% of the current circulating supply, worth about $5.9 million. - Echelon Prime (PRIME) will unlock about 750,000 tokens at 8 AM Beijing time on February 17, accounting for 1.37% of the current circulating supply, worth about $5 million.
