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The Argentine President Milei Currently Faces Legal Action in the $Libra Crypto Scandal
A lawsuit has been filed in a New York court against Argentine President Javier Milei. The suit claims Milei was involved in the $Libra cryptocurrency mess. This situation shows how risky digital assets can be and how endorsements from well-known people can put investors in danger. On February 14, 2025, Milei promoted $Libra on X, saying its launch via Viva la Libertad would help Argentina’s economy by funding businesses. After his post, many of his supporters invested quickly, pushing the price to a high of $4.7. But it then crashed to $0.19, causing investors to lose $280 million. The Burwick Law firm sued Hayden ... (full story)
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