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A political and financial firestorm has erupted in Argentina following allegations that President Javier Mileiās endorsement of the meme coin $LIBRE triggered a massive pump-and-dump scheme. The rapid collapse of the token wiped out hundreds of millions in investor funds, sparking national outrage and calls for impeachment. Now, the government is under intense scrutiny, and the crypto community is watching closely.$BNB
š„ How It All Unfolded
š¹ Late Friday night, Milei took to X (formerly Twitter) to endorse $LIBRE, leading to an explosive surge in value.
š¹ The tokenās price skyrocketed from $0.006 to nearly $5 in just a few hours, drawing in thousands of investors.
š¹ Within six hours, the coin crashed back to $0.84, igniting accusations of market manipulation.$SOL
š¹ Mileiās post was quickly deleted, but the damage was already done.
āļø Political Fallout & Demands for Justice
šø Opposition leaders, led by Leandro Santoro, have condemned the scandal as a national embarrassment, calling for Mileiās impeachment.
šø Former President Cristina FernĆ”ndez de Kirchner criticized the incident, describing it as a deliberate financial trap that devastated retail investors.
šø KIP Protocol, the entity behind $LIBRE, denied government involvement, later revealing that Kelsier Ventures, headed by Hayden Davis, was responsible for launching and managing the token.
š Investigations & The Road Ahead
ā Milei has distanced himself from the controversy, claiming he had no direct involvement.
ā The Anti-Corruption Office (OA) has launched an official probe into possible misconduct.
ā A special Investigation Task Unit ($UTI) has been formed to examine potential insider trading and financial fraud.
With Congress in turmoil and investors demanding accountability, the coming days will determine whether Milei can weather the stormāor if this scandal will mark the end of his presidency. Stay tuned as this high-stakes political and financial drama unfolds! šš„
#CryptoScandal #PoliticalCrisis #TraderProfile #BNBChainMeme #Argentina 
