标题：美国总统唐纳德·特朗普或阿根廷的哈维尔·米利（Javier Milei）的加密货币支持已经看到投资者损失了数十亿美元

美国总统唐纳德·特朗普（Donald Trump）或阿根廷的哈维尔·米利（Javier Milei）对加密货币的支持已看到投资者损失了数十亿美元，并且正在损害一个为信誉而苦苦挣扎的部门

U.S. President Donald Trump and Argentina’s presidential candidate Javier Milei have been targeted by researchers for allegedly supporting cryptocurrencies that later saw investors lose billions of dollars.

美国总统唐纳德·特朗普（Donald Trump）和阿根廷总统的总统候选人贾维尔·米利（Javier Milei）的目标是研究人员据称支持加密货币，后来投资者损失了数十亿美元。

Their involvement is said to be damaging a sector struggling for credibility following a series of scams and a bear market.

据说他们的参与会损害一个在一系列骗局和熊市之后争取信誉的部门。

Prosecutors in Argentina are reportedly examining whether Milei engaged in fraud or criminal association, or was in breach of his duties, when he praised the ‘$LIBRA’ cryptocurrency on social media in February.

据报道，阿根廷的检察官正在研究麦利是从事欺诈还是犯罪协会，还是违反了他的职责，当时他在2月在社交媒体上称赞“ $ libra”加密货币。

After sharing information on how to purchase it, the token's value soared from just a few cents to almost US$5 and then crashed. Milei deleted his blessing hours later.

在分享有关如何购买的信息之后，令牌的价值从仅几美分飙升至几乎5美元，然后坠毁。麦莉几个小时后删除了他的祝福。

He denies all allegations made against him.

他否认所有针对他的指控。

"I did not promote it," Milei told local broadcaster TN in February, adding it "is a problem between private parties because the State does not play a role here.”

麦利在2月对当地广播公司田纳西州田纳西州田纳西州（TN）表示：“我没有宣传它。

"I acted in good faith," he said.

他说：“我真诚地行事。”

The price collapsed after a handful of early investors decided to sell at a huge profit, causing colossal losses for the majority of those who purchased $LIBRA.

在少数早期投资者决定以巨额利润出售后，价格崩溃了，对大多数购买$ libra的人造成了巨大的损失。

It also dragged down prices of other cryptocurrencies, including bitcoin.

它还拖延了包括比特币在内的其他加密货币的价格。

Hayden Davis, who helped launch $LIBRA, said he had been inspired by the initial success of Trump's memecoin, $TRUMP, that marked the president's inauguration.

帮助推出$天秤座的海登·戴维斯（Hayden Davis）表示，他受到特朗普的成员$特朗普的最初成功的启发，这标志着总统的就职典礼。

Having reportedly made Trump at least US$350 million, according to the Financial Times, about 810,000 buyers went on to lose more than US$2 billion combined, stated crypto data group Chainalysis.

据《金融时报》报道，据报道使特朗普至少3.5亿美元，大约81万买家损失了超过20亿美元的合并。

A memecoin is a cryptocurrency that rides on the popularity of a viral personality or phenomenon on the Internet and is often seen as a purely speculative asset.

纪念因素是一种加密货币，它依靠互联网上的病毒性格或现象的流行，通常被视为纯粹的投机资产。

Relying on trust

依靠信任

Once a fierce critic of cryptocurrencies, Trump is now a fervent defender.

特朗普曾经是对加密货币的激烈批评者，现在是一个热心的后卫。

He is offering multiple products linked to digital currencies, notably through his World Liberty Financial exchange, increasing accusations of a conflict of interest.

他提供了与数字货币相关的多种产品，特别是通过他的世界自由金融交流，增加了对利益冲突的指控。

On paper, his support for crypto projects could boost the sector's legitimacy.

从表面上看，他对加密项目的支持可以提高该行业的合法性。

"But at the same time, it can backfire," said Larisa Yarovaya, director of the Centre for Digital Finance at Southampton Business School.

“但与此同时，它可能适得其反，”南安普敦商学院数字融资中心主任Larisa Yarovaya说。

"Any conflicts that will emerge from it... any hackers, speculative attacks, any problems in relation to these specific coins or these specific projects" can prove counterproductive, she told AFP.

她告诉法新社：“从中出现的任何冲突……任何黑客，投机性攻击，与这些特定硬币或这些特定项目有关的任何问题都可以证明适得其反。

There is scepticism also over the launch in February of the memecoin ‘$CAR’ by the Central African Republic.

在中非共和国的二月份的二月份发射中，也引起了人们的怀疑。

"The domain name had been reserved only a few days before" launch, noted Balva, which "shows that there was too little preparation.”

Balva指出：“域名仅在几天前就保留了几天。这表明准备工作太少了。”

The Central African Republic was the second country to adopt bitcoin as legal tender, after El Salvador in 2021, which has since reversed course owing to a lack of local popularity.

中非共和国是第二个采用比特币作为法定货币的国家，仅次于萨尔瓦多（El Salvador）于2021年，由于缺乏当地的知名度，因此扭转了课程。

A precursor to other cryptocurrencies, Bitcoin was launched in 2008 as a way to free transactions from traditional financial institutions, notably banks.

比特币是其他加密货币的先驱，于2008年推出，是一种从传统金融机构（尤其是银行）中释放交易的一种方式。

Cryptocurrencies are based on blockchain technology, which publicly records transactions between people holding and exchanging them.

加密货币基于区块链技术，该技术公开记录了持有和交换它们的人之间的交易。

In the absence of a centralised authority, the system relies on "trust" in the people "who are endorsing these products," said Maximilian Brichta, a doctoral student of communication at the University of Southern California.

南加州大学传播博士学位的Maximilian Brichta说，在没有集中权威的情况下，该系统依靠认可这些产品的“信任”。

Rigged game

操纵游戏

Many traders will use automated programmes to buy a new token as early as possible in the hope of reselling it at maximum profit.

许多交易者将使用自动化计划尽早购买新的令牌，以期最大程度地转售它。

Milei defended himself by likening losses endured by buyers of $LIBRA to someone entering a casino and knowing they may not win.

麦莉（Milei）将$ libra的买家比喻为进入赌场的人并知道自己可能不会获胜的人来捍卫自己。

However with crypto, it is argued by some that the "game" is rigged from the outset.

但是，对于加密货币，有些人认为“游戏”从一开始就被操纵。

To avoid price manipulation, "when launching a cryptocurrency, best practice dictates that the first investors... hold a very small share of the offering" and are prevented from selling for "several years," said Balva.

Balva说，为避免价格操纵，“当推出加密货币时，最佳实践决定了第一批投资者……持有很小的份额”，并阻止了“几年”的出售。

Except that at the launch of $LIBRA, "more than 80 percent" of the available tokens were in the hands of "a handful of large holders [who] controlled all the liquidity and could liquidate it all at any time," she added.

她补充说，除了在推出$ libra时，“超过80％”可用的代币掌握在“少数大型持有人[他们]控制所有流动性并可以随时清算所有流动性的手中。”

According to Balva, this was "either monumental recklessness or outright fraud.”

根据Balva的说法，这是“鲁ck的鲁ck或彻底欺诈”。