Argentina's Chamber of Deputies recently voted to launch an investigation into President Javier Milei over his alleged involvement in the Libra (LIBRA) cryptocurrency scandal. The decision came after Milei promoted the LIBRA memecoin on social media, using his credibility as a government official and his large following to boost the token's value to $5 with a market cap of $4 billion.
Critics have accused Milei of engaging in a rug-pull scam and misleading investors. As a result, a lawsuit has been filed against him by lawyer Jonatan Baldiviezo, engineer María Eva Koutsovitis, economist Claudio Lozano, and others, alleging fraud and an "illicit association" with the promoters of LIBRA. The
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