Argentine President Faces Impeachment Amid Cryptocurrency Promotion Scandal😵

Argentine President Javier Milei is under fire after promoting a cryptocurrency called $LIBRA, which experienced a meteoric rise followed by a sudden collapse. Milei endorsed the cryptocurrency, suggesting it would bolster economic growth by funding small businesses. However, shortly after his endorsement, $LIBRA's value plummeted to near zero, leading to significant investor losses. Opposition lawmakers have filed fraud complaints and are calling for his impeachment, though achieving the necessary majority remains uncertain. Milei denies any wrongdoing and claims no direct involvement with the cryptocurrency.