#MileiMemeCoinControversy
Assalamu Alaikum
Dear Readers, The world of crypto never ceases to entertain, does it? Here's the lowdown on the latest circus act:
Argentine President Javier Milei recently gave a shoutout to a cryptocurrency called $LIBRA on his social media.
The coin's value skyrocketed from mere cents to over $4, only to nosedive back below $1 shortly after.
This rollercoaster has led to accusations of a "rug pull" scam, where early birds cash out, leaving others in the lurch.
Now, Milei's facing legal heat and calls for impeachment over this debacle. In his defense, he claims he was just spreading the word, not endorsing the coin.