#MileiMemeCoinControversy Milei recommended crypto coin that rapidly slumped

Coin launched on same platform as $Trump meme coin

Argentina's main stock index tumbles 5.6%

Milei will continue to promote private projects, source says

BUENOS AIRES, Feb 17 (Reuters) - An Argentine judge was assigned on Monday to investigate President Javier Milei's role in promoting a cryptocurrency that crashed, the latest shockwave from a scandal that has threatened to slow the libertarian leader's momentum.

Milei late on Friday recommended the little-known crypto coin $LIBRA in a posting on X, kicking off a brief rally. He later deleted the posting and denied having any link to the cryptocurrency, which soon plunged.