Argentina’s opposition threatens impeachment trial after Milei touts crypto coin

Trump Corruption Has Sizable Imitators as Argentine President Milei Helps Launch, then Abandons Meme Coin

On Sunday, multiple criminal charges were filed by lawyers against President Javier Milei of Argentina for promoting the meme coin $LIBRA. The value of the meme coin, launched on February 14, peaked at almost $5 before falling by more than 90 percent within just a few hours, erasing $4.4 billion in market capitalization.There were also moves in the Argentine congress to start impeachment proceedings.Milei had promoted the meme coin on social med…

Memecoin Scandal Threatens Argentine President Javier Milei - WorldNL Magazine

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's Milei denies role in cryptocurrency scandal as government launches probe

Argentina's President Javier Milei is defending himself against accusations that he promoted a cryptocurrency that crashed, leaving investors with losses worth billions of dollars. The libertarian firebrand had initially posted a message on social media showcasing the launch of a new token on Friday night, saying it would stimulate economic growth. Also in this edition: our reporters in Germany meet the business owners angry at the ruling coalit…

Argentine President Javier Milei called 'crypto-scammer' for promoting currency before crash

On Monday, Milei said he had “nothing to hide” from an investigation.

The president of Argentina, Javier Milei, has had to go out to explain publicly about the scandal of the fraudulent cryptocurrencies that he himself made visible

Argentina on brink of political collapse as Javier Milei faces impeachment calls

The President has been accused by some people of carrying out a "rug pull" - a ploy to attract buyers to drive up the value of a coin, before a quick sell off to pocket the cash.