Argentina’s Milei Faces Impeachment Over Crypto Scandal – Sri Lanka Guardian
Argentina’s President Javier Milei is facing a potential impeachment threat after his endorsement of the controversial LIBRA cryptocurrency sparked accusations of misconduct. Opposition lawmakers have expressed outrage over the president’s involvement with the coin, which crashed shortly after his recommendation.
On Friday, Milei, a libertarian leader, shared a post on X (formerly Twitter) promoting the LIBRA token as a tool to support small businesses. The value of the cryptocurrency surged to nearly $5 following the endorsement, but it quickly plummeted below $1 within hours. Milei deleted his initial tweet five hours later, only to issue a follow-up message claiming he was “not aware of the details of the…
