Argentina's President Caught in Crypto Controversy

Argentina’s President Caught in Crypto Controversy! $ LIBRA Crashes $4.4B in Just 5 Hours.

February 15, 2025 – Argentine President Javier Milei unexpectedly promoted a new digital currency called $ LIBRA, claiming it would boost the country’s economy. However, within just 5 hours of its launch, the token’s market value plummeted by $4.4 billion!

Milei Deletes Tweet, Denies Involvement!
Amid growing skepticism, Milei quickly deleted his post, stating that he had no knowledge of the project and would no longer support it.

Shocking Revelation!
Investigations later revealed that KIP Protocol, the team behind $ LIBRA, allegedly withdrew $87 million from the liquidity pool before distancing themselves from the scandal. To make matters worse, the team publicly celebrated their “success”, sparking outrage in the media!

Social Media Exposes Key Figures!
As investors suffered huge losses, online user @ shoucccc leaked personal information of individuals allegedly linked to the scandal, further fueling the controversy!

A Blow to Market Trust!
The $ LIBRA debacle has not only shaken investor confidence but could also have long-term repercussions on Argentina’s crypto policies. The lack of transparency between the government and financial markets is now under global scrutiny!

Please be aware that this is not a Financial Advice
Info above are collected from online sources
What’s your take on this controversy? Drop your thoughts in the comments!

Argentinian Opposition Plans to Impeach President Mile, Accusing Him of Promoting Cryptocurrency Scam‼️

Argentine opposition party has threatened to impeach President Milei, accusing him of promoting a cryptocurrency rug pull that caused the token’s market capitalization to plummet from $4 billion to $418 million in a few hours.

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