- President Milei promoted libra token on X, triggering 100x pump before 98% crash amid rug pull suspicions.
- Forensic analysis revealed 3 wallets held 95% supply; domain registered promotion day – classic rug pull markers.
Former Argentine Foreign Minister Diana Mondino publicly reappeared on August 8th. She spoke in an interview with Al Jazeera’s Mehdi Hasan. Mondino left President Javier Milei’s government in October 2024. She maintained low visibility until this interview.
Mondino addressed Milei’s promotion of a cryptocurrency called “libra”. Milei endorsed the token via his official X account on February 14th. Following his post, the token’s price rose sharply. It then crashed abruptly. Milei later deleted the post. He confirmed writing it but stated insufficient project knowledge.
Reports indicated potential irregularities
Three wallets held most tokens. The project’s website registered on the promotion day. These patterns suggested a possible “rug-pull” scam. Developers sometimes abandon projects after artificially inflating values.
Hasan asked Mondino if Milei acted correctly. She replied: “No. He shouldn’t have tweeted that.” When questioned about Milei’s motive, she suggested someone advised him. Hasan noted $250 million profits for unknown parties. Mondino stated two possibilities: “Either he’s not very intelligent or he’s corrupt. You choose. I don’t know.” Hasan repeated this statement. Mondino later softened her remarks during the tense exchange.
Mondino also referenced criticism from economist Carlos RodrÃguez. RodrÃguez previously advised Milei but now opposes him. RodrÃguez implied potential mental instability in Milei. Mondino declined to deny these claims. She stated: “I worked with both… I must say Carlos RodrÃguez is always right.“
