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Important information last night and this morning (February 16-February 17)

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Reprinted from panewslab

02/17/2025·2M

Important information last night and this morning (February 16-February
17)

Argentine President Javier Milei is accused of fraud over LIBRA token scandal

Argentine lawyers have filed a lawsuit against President Javier Milei for alleged fraud due to his involvement in the LIBRA token project, a scandal that escalated after the weekend when the token’s value came after Milei’s initial promotion Plunge by 95%. "This illegal group has committed fraud, and the president's actions have played a key role in it," said plaintiff Jonatan Baldiviezo. Another plaintiff, Claudio Lozano, an economist who served as the president of the Central Bank of Argentina; A lawyer and an engineer also joined the lawsuit. The judge in the case may be appointed as the earliest tomorrow. Milei denied knowing the token project in advance and insisted that he was innocent in the scandal. His administration announced yesterday that it would launch its own investigation into the token project, while his political opposition calls for an impeachment trial. "In view of the facts, President Javier Milei has decided to immediately let the Office of Anti-Corruption (OA) intervene to determine whether any member of the national government, including the President himself, had committed misconduct." Project consultant Hayden Davis accused Milei of Withdrawal of support for the project resulted in price drops and investors lost confidence.

Cantor Fitzgerald bought over $1 billion worth of MSTR stock last year

Bond trading giant Cantor Fitzgerald, under Howard Lutnick's previous leadership, bought over $1 billion worth of MicroStrategy (MSTR) shares in the fourth quarter of 2024, making it the company's largest shareholder, according to Bitcoin News. . Its average buying price is $229, and the value of these stocks has now risen by 47%. Lutnick is currently the head of the newly established sovereign wealth fund by U.S. President Trump and also serves as Secretary of Commerce.

Later, JPMorgan Chase increased its holdings of MSTR stock worth $100 million ; the California teacher retirement system MSTR position doubled and is currently worth $83 million .

Jupiter: No participation in LIBRA issuance in any form, no team members were found to have snatched up

Regarding LIBRA tokens, Solana's ecological decentralized exchange Jupiter said on X platform: "A few members of the team learned directly from Kelsier Ventures about two weeks ago that at some point, there will be a pair with Argentine President Javier Milei. The related token project was released, and although we were initially skeptical, we then saw credible evidence on Milei’s personal account’s Twitter, proving that he was serious about it. This is all we know Content. We have no idea about the transactions between Milei and market makers, and have never participated in any form. "Jupiter also said that in the meme currency circle, the news that an "Argentine currency" will be issued has long been made public Secret, but adhering to its principle of confidentiality, Jupiter has never disclosed this to anyone from beginning to end, whether online or offline. In addition, no one on the team has received any LIBRA tokens or related rewards. The developer of Jupiter products has not known the date, time or contract address (CA) of the release in advance. Meow himself only learned about this on the day of the issuance, but he did not know the contract address or the specific time, nor did he participate in it in any way. Ben from Meteora learned the contract address a few minutes before issuance to verify it, but shared it with the Jupiter team after the information was disclosed. Jupiter did not verify in advance nor immediately verified the contract address, which is very different from the FUD circulating on Twitter. Instead, Jupiter is waiting for public confirmation from Milei's Twitter account and enough transaction volume. In addition, Jupiter said: "We attach great importance to the allegations of insider trading. We have conducted our own investigation and have found no evidence of any snatching behavior among the team members. If you have evidence that Jupiter employees have leaked information or snatched," Jupiter said. Please contact us directly.”

Previously, yesterday's news, Jupiter Lianchuang said that there was no direct monetary benefit on the $Libra and $Enron projects.

Zhao Changpeng: I hope to see more on-chain AI agent development and refuse to sell specific tokens

Binance founder Changpeng Zhao (CZ) said on the X platform that he did not want to sell any specific AI proxy tokens. But I hope to see more on-chain AI agent development and have practical use cases. Real development usually happens after the hype is over.

Previously, CZ said that it was heard that the BNB Chain team is making video tutorials on how to create an on-chain AI agent.

Greeks.live: Bitcoin continues to fluctuate below $100,000, and the market's wealth-making effect is weak

Greeks.live macro researcher Adam posted on the X platform that this week's macro aspects are more noteworthy. The news about the Russian-Ukrainian war between the United States and Europe has always been an important reason for the rise in commodity prices. If the relevant situation changes , which may cause changes in the current overall inflation logic. In terms of encryption, this week is the opening of Consensus Hong Kong, with many related meetings. At the same time, FTX will start repaying creditors, which are worth paying attention. The EU Crypto Assets Market Act (MiCA) has come into effect in full, and compliant exchanges such as Kraken have gradually removed stablecoins such as USDT in Europe. The crypto market continues to be sluggish, Bitcoin continues to fluctuate below $100,000. Mile's coin issuance farce has exacerbated the sluggishness of altcoins. The market's wealth-making effect is relatively weak, and the market is very pessimistic. In terms of options, the full term IV continued to decline, and the monthly flat value IV has fallen to 45%, and recently it has mainly focused on large players' positions adjustments.

ai16z founder X account is suspected to have been stolen, users should be cautious

According to community users, the X account of ai16z founder Shaw is suspected to have been hacked, and users should be cautious and do not interact with suspicious links.

Later, elizaOS said the situation is under investigation and please do not interact with any suspicious links .

Nansen analyst: ETH options market tends to be bullish, indicating investors are cautiously optimistic about medium-term appreciation

According to Cointelegraph, CoinGlass data shows that as of 10:35 am UTC time on February 16, more than 70% of ETH options open contracts are bullish contracts. Nansen research analyst Nicolai Sondergaard said bullish positions indicate investors' appreciation for ETH in the medium term. Be cautiously optimistic. However, while ETH has not seen a significant recovery in the current cycle, the price is still about 44% lower than the all-time high of more than $4,890 three years ago (November 2021).

A giant whale/institution has accumulated 1.9 million US dollars, and its current floating profit is 1.877 million US dollars.

According to ai_9684xtpa monitoring, the giant whale/institution 0x353...2Bf7f has accumulated 1.9 million $OM (about 14.45 million US dollars), and the current floating profit is 1.877 million US dollars. The address has raised $OM from Binance in batches starting from 2025.01.19. , the average price is US$6.62 (current price is US$7.62), and 260,000 were transferred to a new address during the period, but there was no token selling.

A giant whale has made a floating profit of US$414,000 in just three days, with a return rate of 55.6%.

According to ai_9684xtpa monitoring, the top 1 personal holdings of Giant Whale 0x9de...f0960 $SHELL has made a floating profit of US$414,000 in just three days, with a return rate of 55.6%. He bought 2.09 million tokens at an average price of US$0.3628 from 02.14, a total of 2.09 million tokens were bought at a total of US$0.3628 from 02.14. Invested US$745,000 and currently holds 0.42% of token chips and has not sold any time.

Data: Tokens such as MURA, MELANIA, FTN will be unlocked in large amounts next week, of which MURA unlock is worth approximately US$85.4 million

Token Unlocks data shows that tokens such as MURA, MELANIA, FTN will be unlocked in large amounts next week, including:

  • Murasaki (MURA) will unlock about 20 million tokens at 8 a.m. Beijing time on February 23, with a ratio of 2.00% to the current circulation and a value of about 85.4 million US dollars;
  • Melania Meme (MELANIA) will unlock approximately 61.25 million tokens at 8 a.m. Beijing time on February 20, with a ratio of 40.83% to the current circulation, and a value of approximately US$81.5 million;
  • Fasttoken (FTN) will unlock about 20 million tokens at 8 a.m. Beijing time on February 18, with a ratio of 4.66% to the current circulation, and a value of about 78.6 million US dollars;
  • QuantixAI (QAI) will unlock approximately 565,700 tokens at 8 a.m. Beijing time on February 18, with a ratio of 10.88% to the current circulation and a value of approximately US$48.2 million;
  • Metars Genesis (MRS) will unlock about 10 million tokens at 8 a.m. Beijing time on February 21, with a ratio of 11.87% to the current circulation, worth about 29.2 million US dollars;
  • Immutable (IMX) will unlock approximately 24.52 million tokens at 8 a.m. Beijing time on February 21, with a ratio of 1.41% to the current circulation, worth approximately US$20.1 million;
  • ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 pm on February 17, Beijing time, with a ratio of 2.16% to the current circulation, worth approximately US$11.4 million;
  • Pixels (PIXEL) will unlock approximately 91.18 million tokens at 6 pm Beijing time on February 19, with a ratio of 11.83% to the current circulation, worth about US$6.3 million;
  • SPACE ID (ID) will unlock approximately 18.49 million tokens at 8 a.m. Beijing time on February 22, with a ratio of 4.29% to the current circulation and a value of approximately US$5.9 million;
  • Echelon Prime (PRIME) will unlock approximately 750,000 tokens at 8 a.m. Beijing time on February 17, with a ratio of 1.37% to the current circulation and a value of approximately US$5 million.

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