Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers say

* Crypto wallets linked to Libra withdrew from liquidity pool * Argentina President Javier Milei promoted Libra token Friday * Libra token rose to $4.50 before plummeting By Elizabeth Howcroft and Hannah Lang Feb 19 - Around $99 million worth of cryptocurrency was withdrawn from the marketplace of a coin at the centre of a scandal in Argentina by eight digital wallets linked to the crypto token's creator, blockchain researchers said. According to blockchain researchers Chainalysis, eight crypto wallets withdrew roughly $99 million worth of tokens from the $LIBRA token's so-called liquidity pool - a kind of crypto marketplace where people can trade. The tokens withdrawn from Libra's liquidity pool were the stablecoin USDC and another cryptocurrency called SOL, or Solana, Chainalysis said, adding that the dollar value of these funds varies as token prices fluctuate. In an interview published on Monday with crypto YouTuber Stephen Findeisen, known as "Coffeezilla", Davis said the token was not a so-called rug-pull, a scam in which a coin's backers lure investors, sending its value soaring, then quickly withdraw their funds, leaving investors with worthless tokens.