#MileiMemeCoinControversy The Milei meme coin controversy is a classic example of how political figures can inadvertently (or not) fuel financial speculation. Argentina’s President, Javier Milei, endorsed the $LIBRA cryptocurrency, causing its value to spike before crashing—leaving thousands of investors with heavy losses while insiders allegedly cashed in big.

Now, Milei faces accusations of market manipulation, legal complaints, and even impeachment calls. His defense? He was just supporting private innovation. Whether this was reckless promotion or deliberate profiteering, it raises serious questions about ethics in politics and the dangers of mixing government influence with the volatile world of crypto.

One thing’s clear: trust in Milei’s economic judgment just took a major hit.