This Unchained podcast episode interviews Dio Casares, a crypto trader, about the controversial LIBRA memecoin launched in Argentina, allegedly with the promotion of President Milei. The discussion details how insiders, including groups like Kelsier Ventures, Jupiter, and Meteora, allegedly manipulated the launch for profit, exploiting Milei's lack of crypto knowledge. Casares, citing his experience suing the Spartacus DAO, argues this constitutes illegal insider trading. The interview explores the various groups' statements, their potential legal ramifications under the Foreign Corrupt Practices Act, and the significant fallout in Argentina's crypto community and broader political landscape. The episode concludes with Casares's predictions about the future of memecoins and Solana, suggesting a shift away from high-valuation launches.
