Argentine President Javier Milei has come under controversy for promoting a cryptocurrency called 'LIBRA' on social media. The coin skyrocketed in price in a short period before quickly collapsing, leading to significant losses for investors. This incident has sparked allegations of fraud against President Milei and calls for impeachment. Although he argues that this move was intended to support Argentine projects, market confidence has been shaken, with the Argentine stock market falling over 5% and the peso depreciating by 2% against the dollar. Analysts believe this incident could damage the credibility of his government and its legislative efforts.
