Justin Sun calls on Javier Milei to ensure refunds for $LIBRA investors

robot
Abstract generation in progress

Justin Sun, the founder of Tron, has commented on the cryptocurrency token $LIBRA, expressing respect for Argentine President Javier Milei. In a recent post on X, Justin Sun expressed his respect for President Milei but urged him to ensure that those responsible must return the money to the victims and face legal consequences, while emphasizing the importance of protecting and accounting for investors.

Milei previously promoted $LIBRA on social media, leading to a surge in value before the token collapsed by 85%, prompting market manipulation allegations. Faced with strong backlash, Milei deleted his tweet, claiming no financial involvement with the project and lack of knowledge about its details. At the time of writing, the price of $LIBRA is $0.1743, still about 24% higher than yesterday, but still very low since the crash. The market capitalization is $174.3 million, with many users stuck as the government withdraws liquidity from Raydium. Sun's statement has raised concerns about public figures endorsing cryptocurrencies, calling for increased transparency and regulation to prevent similar incidents in the future.

SUN-1.84%
CHO28.29%
TRX-2.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)