Part 3/11:
Despite several warning signs indicating that Libra was a potentially risky investment—most notably that 80% of all Libra coins were owned by a select few insiders—Milei’s post remained active for approximately five hours. Financial commentators sounded alarms about the risks associated with such investments, dubbing it reminiscent of a "rug pull" scheme, a common fraudulent practice in the cryptocurrency world where pump-and-dump strategies are employed to artificially inflate coin value.