KIP Protocol co-founder Julian Peh will meet with the President of Argentina in October to develop the entire South American crypto market

🚨 JUST IN: The US Department of Justice has reportedly launched an investigation into President Javier Milei’s promotion of $LIBRA and the role of its founders, including Kelsier Ventures’ Hayden Davis, KIP Protocol’s Julian Peh, and two Argentine entrepreneurs. https://t.co/goreeOJYjr

BREAKING: DOJ Reportedly Launches Investigation Into LIBRA Token CaseThe U.S. Department of Justice has allegedly initiated an inquiry into President Javier Milei’s involvement in promoting LIBRA, as well as the roles of the project's founders—Hayden Davis of Kelsier Ventures, Julian Peh of KIP Protocol, and two Argentine entrepreneurs—in the scheme.

The U.S. Department of Justice is investigating the LIBRA token supported by the President of Argentina.

LIBRA MEMECOIN CRASH: 86% OF TRADERS LOST $251M- Onchain data from Nansen Research has exposed the brutal impact of the LIBRA memecoin collapse. A staggering 86% of traders were caught in a pump-and-dump, leading to $251M in losses.Here’s a full breakdown of what happened:LIBRA Boom and Bust:- LIBRA was minted on Feb 14 at 21:38 UTC.- Just 23 minutes later, Argentine President Javier Milei shared a post about it on X (formerly Twitter).- By 22:44 UTC, the token surged to $4.55, reaching a market cap of $4 billion.- Within hours, the price collapsed by 95%, leaving most traders in heavy losses.The Numbers: Who Lost & Who Won?- Total losses: $251 million- 15,430 wallets traded LIBRA with at least $1,000 profit/loss- 86% of traders (over 13,000 wallets) lost moneySmall traders hit hard:- 1,478 wallets lost between $1,000–$10,000 → $4.8M total losses -2,800 wallets lost between $10,000–$100,000 → $82.4M total lossesBig losses among high-stakes traders:- 392 wallets lost between $100,000–$1 million → $96.5M total losses- 23 wallets lost more than $1 million → $40.9M total losses- Biggest single loss: Barstool Sports founder Dave Portnoy lost $6.3M.- 15 worst wallets together lost $33.7M, with one wallet still holding 57% of its initial balance.Profitable wallets:- Only 2,101 wallets made money, taking home $180M in gains- Insiders and early traders cashed out millions before the crash- Hayden Davis (CEO, Kelsier Ventures) and Julian Peh (CEO, KIP Protocol) are key figures behind LIBRA.- Davis reportedly made $100M but claims he doesn’t directly hold LIBRA.Legal investigations underway:- Burwick Law (handling Pumpfun & Hawk Tuah lawsuits) is now investigating LIBRA. The firm is gathering evidence for legal action on behalf of affected investors.- The President claims he “only shared information” and wasn’t promoting the token.His X post was deleted within 5 hours after the controversy erupted.- Meanwhile, Argentine opposition is calling for his impeachment over the scandal.Image created by BSCN using AI

2/2 Julian Peh (KIP Protocol CEO) met Milei in 2024 on TechForum (https://t.co/ODcVm9VQE1). By January 2025, his company joined Buenos Aires’ Blockchain Committee (https://t.co/RihvQKdvlN). The task remained small: pitching a fantastic idea for a «national token». Was it successful? Yes, but not for the country. 🤔 Is Milei closely connected or is it just a coincidence? Drop your thoughts👇

KIP Protocol Clarifies Non-Involvement in LIBRA Token Issuance

The Solayer team reveals the complex network of relationships behind the issuance of the $LIBRA token.

LIBRA sponsor KIP refutes Argentine official statement: No meetings held with President Milei in January.

According to Wu Shuo, the Argentine presidential office has issued an announcement regarding the LIBRA token. The statement indicated that on October 19, President Javier Milei met with representatives from KIP Protocol in Argentina, where he learned that the company intends to develop a project named Viva la Libertad, utilizing blockchain technology to provide funding for private enterprises in the Argentine Republic. The national president attended this meeting, which has been officially recorded in the public hearing registration; representatives from KIP Protocol, Mauricio Novelli and Julian Peh; as well as presidential spokesperson Manuel Adorni. In this context, on January 30, 2025, the president held a meeting with Hayden Mark Davis at the Casa Rosada. According to the representatives of KIP Protocol, Mr. Davis will provide the technical infrastructure for his project. Mr. Davis has had no past or current relationship with the Argentine government, and the representatives of KIP Protocol introduced him as one of the partners in the project. Finally, yesterday, the president shared a post on his personal account announcing the launch of the KIP Protocol project, just as he does daily with many entrepreneurs looking to start projects in Argentina to create jobs and attract investments. Since he is not involved in the development of any cryptocurrencies, after the project's launch garnered attention, he decided to delete the tweet to avoid any speculation and further dissemination of information. In light of the facts, President Javier Milei has decided to immediately request the involvement of the Anti-Corruption Office (OA) to determine whether there has been any misconduct by any members of the national government, including the president himself. On the other hand, the president has decided to establish an investigation task force (UTI) within the presidential office, comprised of representatives from agencies and organizations related to crypto assets, financial activities, money laundering, and other relevant fields. They will consolidate information and conduct an urgent investigation into the launch of the cryptocurrency $LIBRA and any companies or individuals involved in the aforementioned actions. All information collected during the investigation will be submitted to the courts to determine whether any companies or individuals associated with the KIP Protocol project have committed crimes. President Milei has demonstrated his commitment to the truth through his actions and is dedicated to thoroughly clarifying the truth of this incident until a final conclusion is reached.

Argentina's official statement: An investigation will be conducted into all companies and individuals involved in the issuance of LIBRA. President Milei has requested the anti-corruption office to intervene.

Argentina's official statement: President Javier Milei will immediately transfer all matters related to $LIBRA to the Anti-Corruption Office and has promised to investigate thoroughly until the truth is revealed.

KIP Protocol Responds to Rumors of Meeting with the President of Argentina

The co-founder of KIP Protocol clarifies that the LIBRA project is not a scam.

KIP Protocol participates in the Libra project supported by Javier Milei, committing that the funds will be exclusively used for the Viva La Libertad project.

KIP will launch the next generation AI agent Superior Agents, with $KIP surging over 40% briefly.

KIP Protocol Joins Buenos Aires Blockchain Committee to Advance Decentralized AI in Latin America

🎙 Join us for a deep dive into Exploring the Future of AI and Web3! #NextmateAI 🔥Set your reminder!💥🗓️Thursday, October 17, 12:00 PM (UTC)📍 Spaces link: https://t.co/0tD05pGrNJ👩‍👩‍👧Guest list: 1. Asa, @ionet2. Julian Peh, @KIPprotocol3. Matt, @flock_io 4. Maxim Tkach, @Starlightpad5. Shiva Badola, @PublicAI_6. Gavin, @VOOX_Global

🚀 Panel Discussion | AI Integration – Shaping the Future of Blockchain Technology | $100 USDT GiveawayJoin us for an engaging panel discussion on how AI is transforming blockchain technology and paving the way for the future of decentralized systems.🏆 Reward: $100 USDT for 10 Best QuestionsHow to participate:1️⃣ Like & RT this post2️⃣ Follow@Openpad_io, @KIPprotocol, @ZayaAI_PathDx3️⃣ Tag 2 friends4️⃣ Comment your questions & wallet address*Note: 10 questions will be selected randomly from the announcement and live session.💬 Host: @Openpad_io 🎙 Guest Speakers:💎 @KIPprotocol: Julian Peh - CEO / Co-Founder💎 @KIPprotocol: Dr Jennifer Dodgson - Chief AI Officer / Co-Founder💎 @ZayaAI_PathDx: Adam N - CMO📅 Mark your calendars:🎯 Date: 09:00 AM UTC 18 SEP📌 Space: https://t.co/irH9XfCfl7Discover the incredible potential of AI as it integrates with blockchain, driving innovation, improving scalability, and unlocking new possibilities in decentralized ecosystems. Don’t miss out on insights into the future of tech!#PanelDiscussion #OpenPad #AIIntegration #Blockchain #DecentralizedSystems #TechInnovation

Blockchain Developer Highlights Centralization Risks in AI, Advocates for Decentralization

Crypto AI Alliances Expand with $7.5B Token Merger and New Projects

Join us tomorrow for the Modular vs Monolithic event hosted by EthStorage and @hetu_protocol! Let's welcome our speakers!Panel | Bring Mass Adoption to Web3Moderator:@shaaa256 ➡️ BD Director of @BanklessHQGuests:​Julian Peh ➡️ Cofounder & CEO of @KIPprotocol@nategeier ➡️ CEO of @mintbase@madeira_to ➡️ Co-founder of @Matr1x_io@jessicarsalomon ➡️ Strategy of @OraProtocol⏰: 16:20 - 17:00, April 17thRegister now: https://t.co/Tl4EUCi5rcWe're excited to see you there! #Token2049 #Token2049Dubai