🚨 BREAKING: Argentina’s President Javier Milei Faces Impeachment Over $107M Crypto Scandal 🚨
📍 Buenos Aires, Argentina – A political firestorm is erupting after President Javier Milei publicly endorsed the now-collapsed cryptocurrency $LIBRA, which has been accused of being a $107 million “rug pull.”
🔹 What Happened?
🔸 Milei promoted $LIBRA on social media, causing a massive price surge.
🔸 Hours later, the token crashed below 50 cents, wiping out millions in investor funds.
🔸 Opposition lawmakers have launched impeachment proceedings, accusing Milei of unethical financial promotion.
📉 Market Fallout:
🔺 Argentine stocks plunged 5%, while the peso weakened by 2%.
🔺 Investors are losing confidence in Milei’s economic reforms.
🔺 The crisis is now being dubbed “Cryptogate.”
⚖️ Milei’s Response:
🔹 Claims he was unaware of the token’s fraudulent nature.
🔹 Denies any wrongdoing and calls for an official investigation.
🔹 Critics say his ties to crypto projects raise serious ethical concerns.
💬 What’s Next?
With the economy already struggling, this scandal could derail Milei’s presidency. Will he survive impeachment, or is this the beginning of a major political shift in Argentina?
📢 Drop your thoughts below!
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