Argentina
Argentina's 'Cryptogate': President Milei's $LIBRA Crypto Project Sparks $250 Million Investor Loss
Argentina's President Javier Milei promoted the $LIBRA cryptocurrency project, which suffered a severe price crash causing $250 million in investor losses. This event, known as 'Cryptogate,' has triggered calls for investigations and possible legal repercussions.
Published at 2025-06-30 19:16:31
The $LIBRA Cryptocurrency Scandal: Understanding the Cryptogate Controversy
The $LIBRA cryptocurrency scandal, known as Cryptogate, began in 2025 when Argentina's president Javier Milei promoted the $LIBRA meme coin. After a massive price spike, the coin's value plunged, resulting in $250 million losses for investors amid rug pull allegations.
Published at 2025-06-07 22:14:13