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Milae's Sudden U-Turn: LIBRA Token Faces Unexpected Challenge

Coin WorldSaturday, Feb 15, 2025 8:36 pm ET
1min read

LIBRA Token Issuance Advisor, Kelsier Ventures, has released an announcement regarding the unexpected change in support from Argentine President Milae. Initially, Milae had shown support and actively promoted LIBRA on social media platforms, including X and Instagram. However, Kelsier Ventures has reported that Milae and his team unexpectedly changed their position and deleted all previous social media support.

In a surprising turn of events, Milae later released a statement attributing his withdrawal to allegations of misconduct by the project team. Kelsier Ventures has strongly rejected this claim and emphasized that KlP Network founder and LIBRA's main sponsor, Julian Peh, is completely innocent. Kelsier Ventures has proposed to reinvest the controlled 100% funds (up to $100 million) back into the LIBRA token and burn all purchase supply. Unless a more viable alternative is presented, the plan is to begin executing this plan within the next 48 hours. Kelsier Ventures remains committed to maintaining transparency and will continue to provide updates as the situation develops.

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