#MileiMemeCoinControversy Argentine President Javier Milei is embroiled in a significant controversy following his promotion of the cryptocurrency $LIBRA. On February 14, 2025, Milei endorsed $LIBRA on social media, suggesting it would stimulate economic growth by funding small businesses. This endorsement led to a rapid surge in the coin's value, reaching nearly $5. However, shortly after Milei deleted his post and denied any affiliation with the cryptocurrency, its value plummeted to near zero, resulting in substantial losses for investors. The incident has prompted over 110 fraud complaints and calls for Milei's impeachment. Federal Judge María Servini has been assigned to investigate the matter. Critics argue that Milei's actions have undermined his credibility and negatively impacted Argentina's financial markets, which saw a 5.6% decline in the main stock index following the scandal. Despite the backlash, Milei maintains his innocence, asserting he merely shared information about the project without any direct involvement.