#MileiMemeCoinControversy
President Javier Milei caused a major controversy on Friday night after recommending his followers buy a cryptocurrency token that within hours became worthless.
Cryptocurrency experts questioned the head of state’s motives, with some suggesting he may have been the victim of or backed a “rug pull” scheme that scammed his followers. Just after 7 p.m. local time on Friday, Milei posted an enthusiastic endorsement of a new crypto token called ‘$LIBRA,’ informing users on social media about a unique “investment opportunity” on social media.