#MileiMemeCoinControversy

Argentine President Javier Milei is embroiled in controversy following his promotion of the $Libra cryptocurrency, which experienced a rapid surge in value before plummeting, leading to significant losses for investors. Opposition politicians have called for his impeachment, accusing him of fraud and misconduct. Milei denies any wrongdoing, stating he merely "spread the word" about the token and did not promote it. 

The incident, dubbed "Cryptogate," has drawn international attention, with discussions on the potential implications for cryptocurrency regulation and political accountability. The Argentine stock market also experienced a notable decline amid the controversy.