Recent claims suggest the LIBRA team may have launched two additional tokens, MILEI and ARG, linked by similar funding sources. Senior Data Engineer Fernando Molina connects these tokens through their creation and financial mechanisms. However, anonymity surrounding wallet addresses complicates definitive assertions about their origins, contributing to an ongoing political scandal involving the LIBRA initiative.
Recent reports suggest the LIBRA team may have launched two additional Argentinian cryptocurrency tokens, MILEI and ARG, concurrently with the Javier Milei-supported LIBRA. Senior Data Engineer Fernando Molina from Blockworks has indicated there may have been a last-minute effort to alter the LIBRA token into ARG, given certain similarities among the three tokens. For instance, all tokens have been financed through various creator accounts utilizing the FixedFloat exchange.
Molina notes that the creator behind each token also utilized the liquidity pool Meteora, with an identical deposit of 108 tokens in each instance. While ARG possesses slightly altered metadata in comparison to LIBRA, they share nearly the same logo. Furthermore, Molina posits that MILEI is likely a product of the LIBRA team, potentially functioning as a precursor for the launch of the Milei-backed token. MILEI was initiated mere minutes prior to LIBRA, while ARG was released shortly thereafter, before the official announcement of Milei’s LIBRA.
It is important to mention that Argentinian publication Pagina reported the wallet addresses linked to these token financings remain anonymous, declaring that “this data is not enough to confirm that the same people are behind each launch.” The controversy surrounding these tokens escalates, as back in February, Milei had endorsed the contentious LIBRA token, which subsequently resulted in significant losses for investors. This situation has evolved into a political scandal, with Meteora and other companies associated with LIBRA being sued in the New York Supreme Court.
The potential launch of the MILEI and ARG tokens by the LIBRA team raises questions regarding the interconnectedness of these cryptocurrencies. Despite indications of similar funding mechanisms, further investigation is necessary due to the anonymity of the wallet addresses involved. The ongoing political implications and legal proceedings arising from the LIBRA initiative further complicate the situation, marking it a significant event in Argentina’s cryptocurrency landscape.
Original Source: protos.com
