Crypto Vesting

Update March 18, 6:42am: This article has been updated to reflect that Cointelegraph reached out to KIP Protocol and Meteora.

The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools.

Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on March 17 for launching the Libra (LIBRA) token in a “deceptive, manipulative and fundamentally unfair” manner. The token was then promoted by Argentine President Javier Milei on X as an economic initiative to stimulate private-sector funding in the country.

The law firm slammed the two crypto infrastructure and launchpad firms behind LIBRA — KIP and Meteora — claiming that they used a “predatory” one-sided liquidity pool to artificially inflate the memecoin’s price, allowing <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/libra-founder-says-memecoin-critics-only-bitch-when-left-out-of-insider-deals" rel="null" target="null"

Read More at https://cointelegraph.com/news/burwick-law-file-class-action-libra-memecoin-scandal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Update March 18, 6:42am: This article has been updated to reflect that Cointelegraph reached out to KIP Protocol and Meteora.

The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools.

Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on March 17 for launching the Libra (LIBRA) token in a “deceptive, manipulative and fundamentally unfair” manner. The token was then promoted by Argentine President Javier Milei on X as an economic initiative to stimulate private-sector funding in the country.

The law firm slammed the two crypto infrastructure and launchpad firms behind LIBRA — KIP and Meteora — claiming that they used a “predatory” one-sided liquidity pool to artificially inflate the memecoin’s price, allowing <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/libra-founder-says-memecoin-critics-only-bitch-when-left-out-of-insider-deals" rel="null" target="null"

Read More at https://cointelegraph.com/news/burwick-law-file-class-action-libra-memecoin-scandal?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742284683293&utm_campaign=rss_partner_inbound

Update March 18, 6:42am: This article has been updated to reflect that Cointelegraph reached out to KIP Protocol and Meteora.

The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools.

Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on March 17 for launching the Libra (LIBRA) token in a “deceptive, manipulative and fundamentally unfair” manner. The token was then promoted by Argentine President Javier Milei on X as an economic initiative to stimulate private-sector funding in the country.

The law firm slammed the two crypto infrastructure and launchpad firms behind LIBRA — KIP and Meteora — claiming that they used a “predatory” one-sided liquidity pool to artificially inflate the memecoin’s price, allowing <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/libra-founder-says-memecoin-critics-only-bitch-when-left-out-of-insider-deals" rel="null" target="null"

Read More at https://cointelegraph.com/news/burwick-law-file-class-action-libra-memecoin-scandal?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742281287778&utm_campaign=rss_partner_inbound

The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools.

Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on March 17 for launching the Libra (LIBRA) token in a “deceptive, manipulative and fundamentally unfair” manner. The token was then promoted by Argentine President Javier Milei on X as an economic initiative to stimulate private-sector funding in the country.

The law firm slammed the two crypto infrastructure and launchpad firms behind LIBRA — KIP and Meteora — claiming that they used a “predatory” one-sided liquidity pool to artificially inflate the memecoin’s price, allowing insiders to profit while “everyday buyers bore the losses.”

Within hours, the insiders “rapidly siphoned approximately $107 million from the

Read More at https://cointelegraph.com/news/burwick-law-file-class-action-libra-memecoin-scandal?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742277644138&utm_campaign=rss_partner_inbound

US government cost-cutting czar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

An absolute bombshell from @elonmusk on the latest episode of Verdict.

He reveals there are 14 magic money computers in the federal government that send money out of nothing.

Don’t miss the latest episode

Read More at https://cointelegraph.com/news/elon-musk-says-he-found-magic-money-computers-federal-government-audit-doge?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742299378993&utm_campaign=rss_partner_inbound

US government cost-cutting czar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

An absolute bombshell from @elonmusk on the latest episode of Verdict.

He reveals there are 14 magic money computers in the federal government that send money out of nothing.

Don’t miss the latest episode

Read More at https://cointelegraph.com/news/elon-musk-says-he-found-magic-money-computers-federal-government-audit-doge?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742284683293&utm_campaign=rss_partner_inbound

US government cost-cutting czar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

An absolute bombshell from @elonmusk on the latest episode of Verdict.

He reveals there are 14 magic money computers in the federal government that send money out of nothing.

Don’t miss the latest episode

Read More at https://cointelegraph.com/news/elon-musk-says-he-found-magic-money-computers-federal-government-audit-doge?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742281287778&utm_campaign=rss_partner_inbound

US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

An absolute bombshell from @elonmusk on the latest episode of Verdict.

He reveals there are 14 magic money computers in the federal government that send money out of nothing.

Don’t miss the latest episode

Read More at https://cointelegraph.com/news/elon-musk-says-he-found-magic-money-computers-federal-government-audit-doge?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742277644138&utm_campaign=rss_partner_inbound

US government cost-cutting csar Elon Musk claims to have found at least 14 “magic money computers” in the federal government with the ability to send money from nothing.

Musk said the computers, which exist in several federal departments, including the Treasury, Defense and Health and Human Services departments, can essentially issue payments and send money from nothing.

“You may think that the government computers all talk to each other, they’re synchronized, they add up what funds are going where, and it’s coherent and that the numbers you’re presented as a senator are the real numbers,” Musk said in a March 17 episode of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

An absolute bombshell from @elonmusk on the latest episode of Verdict.

He reveals there are 14 magic money computers in the federal government that send money out of nothing.

Don’t miss the latest episode

Read More at https://cointelegraph.com/news/elon-musk-says-he-found-magic-money-computers-federal-government-audit-doge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity.

The more than two-and-a-half-minute ad for the Solana Accelerate conference posted on March 17 with the caption “America is back. Time to Accelerate” depicted a man as “America” in a therapy session who said he was having thoughts “about innovation” such as crypto.

The therapist responds he should do “something more productive, like coming up with a new gender” and later says the man should “focus on pronouns.”

As the conversation meanders on, the man snaps and launches into a monologue amid swelling patriotic music, saying he wants to “build onchain and reclaim my place as the beacon of innovation” and wants “to invent technologies, not genders” in an apparent dig at progressive values.

Before its deletion, the ad was viewed over 1.2 million

Read More at https://cointelegraph.com/news/solana-deletes-ad-criticized-tone-deaf-gender-issues?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742299378993&utm_campaign=rss_partner_inbound