Mizan icon collision: The shock of the encryption market: 99 million dollars disappears from the scale icon amid the controversy of Miley with the President of Argentina Millie?
Who withdraw 99 million dollars from the scale icon?
According to Blockchain Analytics ChaINALYSISIS, eight portfolios withdrew approximately $ 99 million of assets from the liquidity group of the scale symbol. According to what was reported, this portfolio received the distinctive symbols directly from the creator of the currency, which indicates close relations with the launch team. The withdrawn funds included Stablecoin USDC and Cryptocurrency Solana (SOL). Another company, Nansen, confirmed that the portfolio associated with the launch of the scale still possesses about $ 87 million.
The role of President Javier Millie in the scale symbol
President Javier Millie supported the scale icon in a post on X (formerly on Twitter) late Friday, but later deleted the post and deprived any participation. Despite his denial, a federal judge in Argentina is now achieving the launch of the distinctive symbol and Millie’s potential relationships. The distinctive symbol initially rose from $ 4.50 after the upgrade of Millie, but it was shattered within hours, causing huge financial losses to many investors. From Sunday to Tuesday, 70 % of the portfolio circulated in the scale recorded losses, according to Nansen.
Is the scale icon “rug pulling”?
The sudden rise and the fall of the scale icon led to speculation that it could be a “carpet withdrawal” – a common fraud in the world of encryption, where the developers included a symbol, exaggerated its price, then investors are spent with valuable assets. Hayden Davis, who knew himself as a “launch consultant” for the distinguished symbol, refuted these claims in an interview with Crypto YouTube Stephen Findeisen, also known as “Coffeezilla”. Davis insisted that the scales collision was “a wrong misfortune in a catastrophic,” noting that he is a guard of approximately $ 100 million in encryption funds and intends to re -invest them.
How was the encryption market reaction with the scale controversy?
The repercussions of the distinguished symbol scandal caused significant disturbances in the encryption market in Argentina. Investors have expressed their anger at sudden losses, while Blockchain experts continue to monitor the withdrawn money movements. Crypto Exchange Meteora has not been answered, where the distinctive symbol was launched, for suspension requests. The scandal also caught global attention, as comparisons were made with other controversial MIM coins that were shattered after quick gains.
Why do politicians participate in encryption?
While the Meme currencies were an essential element in the encryption industry, direct political participation is rare. However, this is not the first case – US President Donald Trump and his wife recently launched their own encoded currency, highlighting a growing trend of political figures who participate with digital origins. Millie’s participation, whether direct or indirect, raises concerns about the risks associated with political numbers that support financial tools without organization.
What is the next for the symbolic scale?
With the ongoing investigations, the authorities are expected to examine the role of President Millie and the creators of the scale symbol. Chainalysis and Nansen continue to track withdrawn money, while investors are waiting for clarity about whether they will recover their losses. The issue emphasizes the risks associated with investing in unorganized encrypted symbols, especially those related to prominent numbers.
Common questions:
What is the symbolic controversy?
The scale icon rose after the upcoming Argentina President Millie was upgraded, but it crashed after withdrawing 99 million dollars.
Did President Millie benefit from the scale symbol?
Millie denied any involvement, but the federal investigation is underway to determine its relationship.
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