Argentina’s libertarian president, Javier Milei, posted a link on X/Twitter to promote $Libra, a new cryptocurrency that, in his words, would “promote economic growth in Argentina and fund small business and entrepreneurship in Argentina.

Argentinian president Javier Milei is facing calls for impeachment and a possible criminal investigation for his role in the rise and fast collapse of a memecoin.

Argentina President Javier Milei is facing withering criticism, including some calls for impeachment, after promoting a new cryptocurrency on his social media account.

Javier Milei's controversial post "caused a political firestorm", said The New York Times, with opponents describing him as a "crypto scammer". On Friday, Milei, a former private sector economist, posted on X about the $LIBRA coin which he promised would help fund small businesses and start-ups.

President Javier Milei addressed the growing controversy surrounding his involvement with the Libra memecoin. The token surged in value before crashing, triggering investor losses, lawsuits, and calls for his impeachment.

Argentina President Javier Milei has been accused of fraud after he allegedly promoted a newly launched cryptocurrency, which surged in value and then quickly collapsed. Milei posted about the $LIBRA crypto,