New York court to review a class-action lawsuit against LIBRA developers following a 94% memecoin crash.
Burwick Law has initiated a class action lawsuit in New York over the alleged deceptive launch of the LIBRA token by Kelsier Ventures, KIP Protocol, and Meteora.
The creators of the LIBRA memecoin face a class-action lawsuit in the US, accused of misleading investors and siphoning over $100 million through manipulative schemes.
Argentina's President Javier Milei denies promoting the LIBRA meme coin despite endorsing it on Twitter. He blames insider cash-outs for the fallout, saying most victims were Americans and Chinese. Milei emphasizes acting in good faith and expresses a need to filter access to him.