Argentina’s ‘Crypto Gate’: Did Javier Milei unwittingly endorse a multi-billion dollar scam?
Argentine President Javier Milei is under federal investigation after endorsing the cryptocurrency $LIBRA, which saw a meteoric rise and collapse within hours, erasing over $4.4 billion in market value. More than 40,000 investors suffered losses, and legal complaints accuse Milei of fraud and illicit association. The scandal has triggered impeachment calls and a stock market decline
Argentine President Javier Milei is under federal investigation after endorsing the cryptocurrency $LIBRA, which saw a meteoric rise and collapse within hours, erasing over $4.4 billion in market value. More than 40,000 investors suffered losses, and legal complaints accuse Milei of fraud and illicit association. The scandal has triggered impeachment calls and a stock market decline
