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🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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Justin Sun invites Miley to ensure the refund of investors' funds in LIBRA
Justin Sun, the founder of Tron, expressed his opinion on the encrypted currency LIBRA, expressing his respect for the Argentine President Javier Milei.
In a recent post on site X, Justin Sun expressed his respect for President Milli but urged him to ensure that officials return the victims' funds and face legal consequences, emphasizing the importance of protecting investors and accountability.
Meili had previously promoted the LIBRA currency on social media, causing its value to rise before the currency collapsed by 85%, leading to accusations of market manipulation. After facing strong reactions, Meili deleted his tweet, indicating that he has no financial links to the project and is unaware of its details.
The price of LIBRA is $0.1743, still up about 24% from yesterday, but still well below the surface since its collapse. The market value is $174.3 million, with many users stuck as the government pulled liquidity from Raydium.
Sun's statement has raised new concerns about public figures endorsing cryptocurrencies, with calls for more transparency and regulatory oversight to prevent similar incidents in the future.
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