Hell of Rug Pull, Fighter Jet in Rug Pull Olympics, How does the Top Coin Launch Conspiracy Cartel operate multiple "PRESIDENT" coin benefit chains?

BlockBeats News, February 19th: Libra co-founder Hayden Davis denied in a statement that he bribed Argentine President Milei.He called the media reports "politically motivated." When asked if he denied making such allegations via text message, his public relations representative stated that there is no memory or record of any kind on Hayden's phone.Earlier today, CoinDesk reported that Hayden Davis, co-founder of Libra, claimed in a text message from December last year that he bribed Argentine President Javier Milei's sister, Karina Milei, to influence presidential decisions, stating, "I gave money to his sister, he signed at my behest, and acted as I requested."Karina Milei is a key figure in the Milei government, currently serving as Secretary of the Argentine Presidency, and is also the sister of current Argentine President Javier Milei. As of now, neither Karina Milei's office nor Hayden Davis has responded to related requests for comment, and it is not yet clear whether the latter actually paid any funds.

BlockBeats News, February 19th, according to CoinDesk's report, Hayden Davis, co-founder of the Libra token, claimed in a text message from December last year that he influenced presidential decisions by bribing Karina Milei, sister of Argentine President Javier Milei, stating, "I gave money to his sister, he signed as I wished, and acted as I requested."Karina Milei is a key figure in the Milei government, currently serving as Secretary General of the Argentine Presidency and is also the sister of current Argentine President Javier Milei. Currently, both Karina Milei's office and Hayden Davis have not responded to requests for comments, and it is unclear whether the latter actually made the payment.

BlockBeats News, February 19, Argentine President Milei will meet with Tesla CEO Musk and IMF Managing Director Georgieva in Washington on Thursday. (Golden Finance)

BlockBeats News, February 19th, Argentine President's spokesperson Adorni stated that it was an "insult" to suggest that the President was involved in bribery in promoting cryptocurrency, and the government currently has no plans to dismiss any officials due to the cryptocurrency scandal. (FXStreet)

Scam of 2021, Not So Different From Now...

BlockBeats News, February 18th, according to crypto lawyer wassielawyer's disclosure, a total of 74,698 traders suffered losses in LIBRA token transactions, with a total loss of approximately $286 million.There were 25 traders who lost over $1 million, 52 traders who lost between $500,000 and $1 million, and a whopping 71,369 retail traders who lost less than $10,000.

BlockBeats News, February 18th, DeFiTuna founder Moty publicly announced via the X platform: has fully refunded a $30,000 investment to its backer Kelsier Ventures (LIBRA token issuance advisor) and severed all ties, Kelsier had previously invested in DeFiTuna on January 16, 2025. Kelsier is currently heavily accused of market manipulation—involving the LIBRA, MELANIA, and M3M3 issuance platforms. Moty revealed a series of organized token manipulation acts by Kelsier.Moty made the following accusations against Kelsier:Kelsier participated in a structured fund-raising plan for meme issuance on the M3M3 platform; Meteora co-founder Ben and other leadership turned a blind eye to his community-harming actions; although direct contact was made with core members of Meteora, they lacked accountability; Ben promised to step down after being questioned but instead issued a vague public response. Moty stated: "I put my personal reputation and the DeFiTuna project at stake to drive key figures to expose and remove wrongdoers. Kelsier had contacted DeFiTuna through Lebanese employee Thomas, asking for liquidity support for the M3M3 platform."Key details disclosed by Moty include:M3M3 was initially packaged as an independent platform but was actually controlled by Meteora co-founder Ben; projects launching on M3M3 had to allocate token shares to the Kelsier team; DeFiTuna co-founder Vlad was passively involved, mistakenly believing the collaboration was legitimate.About the behind-the-scenes manipulation of the MATES project:Kelsier requested DeFiTuna to manage liquidity for the first project on M3M3, MATES; after MATES token launch, it plummeted by 95%, a screenshot from February 18th shows the team discussing "maximizing fund-raising"; Hayden Davis (Kelsier founder) instructed: "We need to squeeze out the maximum value from this project, regardless of the founder's ethics."About the behind-the-scenes manipulation of the MELANIA token:An hour before the MELANIA token launch, Kelsier prematurely sent the token address to Vlad and informed that Trump would retweet; transferred 1% of the token from the liquidity wallet to Vlad (peaking at a value of $100 million); Hayden requested the anonymous sale of all shares, evading on-chain tracking by converting LP tokens to NFTs on the Orca platform.The Kelsier team has harvested a total of $2.45 million from the community through only the MATES and AIAI projects, with projects like MELANIA, LIBRA, ENRON, and others accumulating over $200 million in total. Moty estimates that through projects such as AIAI, MATES, ENRON, MELANIA, and LIBRA, the Kelsier team has overall siphoned off user funds exceeding $200 million.

BlockBeats News, February 18th, pump.fun co-founder Alon Cohen stated, "I am disgusted by the events surrounding the LIBRA token in the past few days. The individuals behind this project have prioritized their significant personal gains at the expense of numerous users, the ecosystem, and potentially even an entire country.I hope that those responsible will face the appropriate consequences.I understand that the situation is still unfolding, so if you are aware of any misconduct by any participant in the ecosystem, no matter how small, you should speak up. I also recognize that some individuals may be in difficult positions, so my DMs are open if I can be of assistance.The events over the weekend were particularly heartbreaking, as the establishment of pump fun was specifically meant to address some of the issues that have come to light in the past few days.Most importantly, the involvement of middlemen (such as the 'development team' and liquidity providers) is absurd — creating a Meme coin should be straightforward, something anyone can do. The mere presence of such participants means that anyone can be easily taken advantage of.When we created pump fun, we set out from the outset to achieve standardization, automation, and democratization of token creation, striving to establish a secure, simple, and equitable baseline for every issuance.Many have suggested that this might be the 'end of Meme coins,' but the reality is that the demand from users for permissionless on-chain creation/speculation will not disappear.That being said, for platforms like pump fun, it is crucial to provide safeguards to ensure users are as secure as possible while also addressing their needs."

BlockBeats News, February 18, Jupiter founder Meow posted on social media, stating, "I am also the co-founder of Meteora. First of all, I want to reiterate my confidence that neither Jupiter nor Meteora has been involved in any insider trading or financial misconduct, or improperly received any tokens.Secondly, we have engaged an independent third party (Fenwick & West, one of the world's most famous law firms) to conduct an investigation and produce a report that they will release independently.Thirdly, I support Ben and his statement. I believe what he said about no financial impropriety when dealing with partners.Meteora has been operating as a separate entity from Jupiter for over a year, with Ben running the show while I have not been heavily involved. He has done an outstanding job building the team, creating the most innovative DEX of the past year, and the world's most active LP community.While I have 100% confidence in Ben's character, as the project leader, he has shown a lack of judgment and indifference to some core aspects of the project in recent months (given the current scale and reputation of the project).Unfortunately, this is unacceptable. Ben understands this and has chosen to resign. Looking ahead, we will be looking for new leadership for Meteora.I have never sold a single JUP, nor engaged in irregular trading of meme coins. I have received multiple invitations for free token marketing, but I have turned down each one. I have chosen to 'diamond hand' most of the tokens I have received through investments/advisory roles, especially before Jupiter.For the recent pressure on the team, community, and the entire ecosystem, I deeply apologize."