$LIBRE Crypto Crash Triggers Impeachment Threat Against Argentina’s President Milei — TradingView News
Opposition lawmakers in Argentina have raised the possibility of impeaching President Javier Milei after he promoted a cryptocurrency that rapidly lost value.
On Friday night, Milei posted on X recommending $LIBRE, a little-known crypto token. The price of the token surged to nearly $5 shortly after his post. Within hours, it dropped below $, Reuters reported.
Argentina Lawmaker Seeks Impeachment Over Crypto
Argentina’s fintech chamber suggested that the incident could be a “rug pull,” a type of fraud where developers boost a cryptocurrency’s value before selling their holdings and abandoning the project.
Consequences for Libra coming
Argentina opposition threatens Milei with impeachment
You can bet Milei will now come after the people…
