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Argentina's main stock index drops over 5.7% as President Fernandez gets embroiled in the LIBRA scandal

BlockBeats News, February 17th, according to market data, Argentina's main stock index dropped over 5.7% due to President Mile's involvement in the LIBRA token issuance scandal.

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Timeline | Argentine President Milei Reiterates LIBRA Purchase Process, Stating No Promotion Only Sharing

Argentinian President Milei claimed to be unaware of the LIBRA token, while the LIBRA token issuance advisor stated that Milei's tweet deletion was a breach of contract

On-Chain Activity

8h ago

Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish reserves for affected assets.

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Galaxy Digital OTC transferred 47,000 HYPE, worth approximately $4.06 million, to OKX 4 hours ago.

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An entity transferred approximately 1.223 million SOL to Coinbase Prime, valued at around $117 million.

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A new address withdrew approximately $6 million worth of LIT, ENA, and ARB from OKX.

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