🚨HERE'S A SUMMARY OF THE LIBRA SCANDAL: Argentina's President Javier Milei is now facing potential impeachment after promoting a cryptocurrency called LIBRA in a post on X. The coin, which was relatively unknown, initially surged in value, reaching nearly 5 per token. But just hours later, it collapsed to under 1, losing over 4.4 BILLION from the market. The situation has sparked widespread backlash, with Argentina’s fintech chamber even suggesting that this could be a “rug pull." Opposition lawmaker Leandro Santoro has called for Milei’s impeachment, saying the scandal is deeply embarrassing on the international stage. In response, Milei has decided to create a task force to urgently investigate the LIBRA token launch, including the individuals and companies involved. He later claimed that he wasn't aware of the project's details and deleted the post. So, who’s responsible for this LIBRA fiasco? KIP Protocol clarified on X that the release and market-making of LIBRA were entirely managed by Kelsier Ventures and its initiator, Hayden Davis, with no involvement from KIP. KIP’s role was to oversee technology projects after the release. Meanwhile, Kelsier announced they would reinvest up to 100 million back into the LIBRA token. Here's the latest statement from its CEO: