Be careful: after Argentina, another country may launch a fraudulent memecoin, don't fall for the trap

According to sources, the company behind the Libra cryptocurrency scam, supported by Argentine President Javier Milei, had previously carried out a similar project with the Nigerian government, but after the Libra scandal, this project may be difficult to continue. The consequences of the collapse of the Libra cryptocurrency continue to escalate, with many US law firms, including Bruwick Law, announcing plans to file a class-action lawsuit against President Milei. Meanwhile, opposition parties in Argentina are considering impeachment proceedings, alleging that Milei and his associates were involved in a cryptocurrency scam worth millions of dollars. One of the focal companies in the debate is Kelsier Ventures, a US-based company with deep ties to the Libra token. Kelsier Ventures CEO Hayden Davis tried to downplay the situation in a video interview today, arguing that memecoin is a risky investment. He also admitted that the industry is affected by conflicting interests but still asserts that he is seeking solutions for investors affected by the scandal. Davis also revealed that Kelsier Ventures has participated in creating the latest memecoin of Melania Trump (MELANIA), a statement supported by the blockchain analysis platform Bubblemaps, which has found a wallet connection between the MELANIA and Libra projects. These revelations have sparked new speculation about Donald Trump's involvement in the memecoin space, although direct links have not yet been confirmed. According to exclusive information gathered by The Big Whale, Kelsier Ventures is also developing a memecoin project on the Solana blockchain in collaboration with members of the Nigerian government. Although there is no evidence that Nigerian President Bola Tinubu is directly involved in the project, sources confirm that members of Tinubu's team are negotiating this initiative. "The project has been well deployed," a close source said. However, the future of the project is currently uncertain amid the controversy over Libra. The case of Nigeria may not be an isolated incident. According to sources, Kelsier Ventures has approached other governments about launching similar memecoin projects.