Published: February 19, 2025
Argentine President Javier Milei is under fire after endorsing a cryptocurrency, $LIBRA, which experienced a dramatic crash. The coin’s value initially surged, attracting numerous investors, but its subsequent collapse erased over $4 billion in market value. This incident has led to fraud allegations, impeachment calls, and an official investigation into Milei’s involvement. Critics accuse him of irresponsibly promoting a volatile financial product, further complicating his administration’s economic reform efforts.
