#MileiMemeCoinControversy
In February 2025, Argentine President Javier Milei faced significant backlash after promoting the cryptocurrency $LIBRA, which subsequently collapsed, leading to substantial investor losses. Milei had endorsed $LIBRA on social media, suggesting it would stimulate economic growth by funding small businesses. However, the token's value plummeted shortly after, prompting accusations of fraud and calls for his impeachment from opposition politicians. Milei denied involvement in the cryptocurrency's development, stating he merely shared information and was unaware of the project's specifics. The scandal has sparked legal investigations and raised concerns about Milei's credibility and economic policies.
#MileiMemeCoinControversy