# MileiMemeCoinControversy

Argentine President Javier Milei is embroiled in controversy after promoting the cryptocurrency $LIBRA, which experienced a rapid surge followed by a dramatic collapse. Milei endorsed $LIBRA on social media, leading to a swift increase in its value before it plummeted, causing significant investor losses. Critics accuse Milei of participating in a "rug pull" scheme, where early promoters profit at the expense of later investors. In response, opposition lawmakers have filed lawsuits alleging ethical violations and are calling for his impeachment.