Milei feels the heat as hyped crypto coin crashes & burns

Argentina's President, Javier Milei, endorsed the cryptocurrency $LIBRA, causing its value to spike before sharply plummeting amid scam fears. Milei later retracted his support, stating he was uninformed about the project. Political opponents criticized the promotion, calling it unprecedented and harmful to investors, while investigations into potential misconduct were launched.

Feb 16, 2025 - 18:00
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Milei feels the heat as hyped crypto coin crashes & burns
Argentina's President, Javier Milei, endorsed the cryptocurrency $LIBRA, causing its value to spike before sharply plummeting amid scam fears. Milei later retracted his support, stating he was uninformed about the project. Political opponents criticized the promotion, calling it unprecedented and harmful to investors, while investigations into potential misconduct were launched.

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