Summary
Argentine President Javier Milei faces impeachment calls and fraud accusations after promoting the $LIBRA cryptocurrency on social media.
His endorsement caused a price surge, but after he deleted the post, the coin crashed, wiping out investor funds.
Critics accuse him of a “rug pull” scheme, while the government denies wrongdoing and announced an anti-corruption probe.
Argentina’s main opposition coalition calls the incident an “unprecedented scandal” and preparing to seek his impeachment.
Appreciate your input, honestly. The downvotes are hilarious, though—like some kind of reflexive mob reaction. It’s wild how people can’t handle nuance without reaching for the pitchforks. Keep speaking your mind; it’s refreshing in a sea of parrots.