Argentine lawmakers are investigating President Javier Milei's involvement in the $LIBRA memecoin collapse that resulted in over $250 million in investor losses. The inquiry focuses on whether government officials were complicit in alleged misconduct linked to the token.
Following the dramatic value decline, calls for stricter regulatory measures have emerged to enhance transparency in crypto endorsements. Political reactions include opposition demands for Milei’s impeachment amid growing scrutiny over digital asset promotion by public figures.
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