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INPRIMATU
A cryptocurrency scam plunges Milei into a crisis
  • The president of Argentina called on social networks to invest in a cryptocurrency called $LIBRA. Although at one point it reached a value of 4.5 billion euros, after a few hours the cryptocurrency hit the bottom and caused many losses in customers.
Eneko Imaz Galparsoro 2025eko otsailaren 18a
Javier Milei Argentinako presidentea. EPA

The government of Argentine President Javier Milei has been hit hard in recent days by a political crisis that few expected: both the opposition in the country and the victims of this fraud have accused him of being the main responsible for a cryptocurrency fraud with millions of euros in losses.

The President of Argentina promoted the cryptocurrency denominated $LIBRA on social networks, whose effects were immediately noticeable –Mileiek has 3.8 million followers in the X network–: in a few minutes the crypto exchange’s price increased from zero to almost five euros, reaching a total value of 4.5 billion euros. After a few hours, however, the cryptocurrency token