🚨 $280M Meme Coin Crash: Argentina’s President in Hot Water 🇦🇷

In early 2025, Argentina’s President Javier Milei hyped up a meme coin called LIBRA, calling it a symbol of "economic freedom."

🚀 The hype? Massive.

💥 The crash? Brutal — LIBRA tanked 90% in days, wiping out over $280M.

Now it’s chaos:

Milei faces 100+ legal complaints ⚖️

A federal probe into market manipulation 🔍

A U.S. lawsuit for misleading promotion 💼

Opposition leaders pushing for impeachment 🧨Milei claims: “I believed in it. Never made a cent.”

Critics call it a state-backed pump-and-dump.

Meanwhile, trust in altcoins is shaken, Bitcoin’s popularity is growing, and Latin America is rethinking crypto leadership.

🔑 Takeaways:

Politicians + meme coins = bad combo

Decentralization doesn’t mean zero responsibility

In crypto, trust is everything