Argentina's President Javier Milei is facing calls for impeachment amid a scandal over the collapse of the $Libra cryptocurrency, which he promoted as a means to enhance the economy. Endorsed on social media, the token surged initially before collapsing, leading to millions in losses. Critics argue this could be a 'rug pull' scheme, and lawyers have filed fraud complaints against Milei, asserting he played a crucial role in what they label a scam. The federal prosecutor's office is now investigating potential legal breaches by the president.
Opposition groups in Argentina are pushing for President Javier Milei's impeachment after endorsing a cryptocurrency that plummeted, resulting in significant financial losses.
Milei’s promotion of the $Libra token, intended to invigorate the Argentine economy, is being labeled as a potential rug pull by economists and legal experts.
Collection
[
|
...
]