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Argentina’s President Javier Milei Under Fire for Crypto Scandal

Fraud allegations surface after Milei promoted a cryptocurrency that saw a rapid rise and sudden collapse. Critics claim his endorsement led to massive investor losses, sparking legal action and calls for impeachment. Milei denies wrongdoing, stating he was unaware of the project’s details and has requested an anti-corruption probe.

Argentine President Javier Milei Faces Legal Accusations Over Cryptocurrency Endorsement

 

Argentine President Javier Milei is facing serious legal allegations after publicly endorsing the cryptocurrency $LIBRA, which saw a dramatic surge in value followed by a rapid collapse. Critics claim that his promotion of the digital currency led to substantial financial losses for thousands of investors.

 

In the wake of the controversy, opposition politicians have called for Milei’s impeachment, and several legal complaints have been filed, accusing him of fraud and involvement in a criminal conspiracy.

 

Milei, however, has denied any involvement in fraudulent activities, asserting that he was not fully informed about the project’s details at the time of his endorsement. He has since called for an anti-corruption investigation into the matter.

 

The scandal has ignited a national debate about the role and responsibility of public officials in endorsing financial products, raising important questions about the potential consequences of such endorsements and their impact on public

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