#MileiMemeCoinControversy

Argentina’s president, Javier Milei, has come under fire for the abrupt collapse of a cryptocurrency he promoted, in a move that has triggered lawsuits and calls for his impeachment.

Milei is facing more than 100 complaints against him at the country’s supreme court, accusing him of participating in an alleged scam related to the cryptocurrency $Libra, which opposition politicians estimate has resulted in financial losses for 40,000 people.