Argentina’s President Milei under investigation for LIBRA crypto scandal
Argentina’s President Javier Milei faces an investigation after endorsing LIBRA, a crypto token that surged and crashed, sparking fraud accusations and impeachment calls.
Argentina’s President Javier Milei is under investigation after promoting the little-known cryptocurrency LIBRA. His endorsement caused a brief surge in the token’s value before it crashed, leading to accusations of fraud. Critics claim this was a pump-and-dump scheme, and some are calling for his impeachment. The government has formed a task force to determine if Milei or others committed illegal acts.
On February 14, Milei promoted LIBRA on X, suggesting it could boost Argentina’s economy and support small businesses. This caused the…
