Argentine President Milei Denies Crypto Fraud Allegations
Argentine President Javier Milei is facing allegations of fraud after promoting a cryptocurrency, $Libra, which crashed shortly after he mentioned it on social media. Investors suffered heavy losses, prompting legal scrutiny and political backlash. $Libra’s Meteoric Rise and Fall On Friday, Milei posted about $Libra on X (formerly Twitter), including
Milei’s Crypto Controversy: Argentina’s President Under Fire
Argentina’s President, Javier Milei, has sparked outrage after promoting a little-known cryptocurrency, $LIBRA, which skyrocketed in value following his endorsement—only to crash soon after. The controversial move has drawn comparisons to former U.S. President Donald Trump’s recent memecoin venture and has raised questions about political figures endorsing volatile digital assets.
