#MileiMemeCoinControversy

Argentina's President Javier Milei is embroiled in a scandal involving the cryptocurrency $Libra, which he promoted on his social media. Following his endorsement, the token's value briefly surged before collapsing, leading to significant financial losses for approximately 40,000 investors. Allegations suggest that Milei participated in a scheme that resulted in over $100 million in losses, with more than 100 complaints filed against him in the country's supreme court. Milei denies any wrongdoing, stating he received no benefits from the promotion. The controversy has sparked severe criticism from political opponents and calls for his impeachment.