Argentina president accused of fraud over crypto crash
Argentina president accused of fraud over crypto crash
Some have accused Javier Milei of performing a "rug pull" after he promoted a virtual coin on social media.
Summary
Argentine President Javier Milei faces impeachment calls and fraud accusations after promoting the $LIBRA cryptocurrency on social media.
His endorsement caused a price surge, but after he deleted the post, the coin crashed, wiping out investor funds.
Critics accuse him of a "rug pull" scheme, while the government denies wrongdoing and announced an anti-corruption probe.
Argentina’s main opposition coalition calls the incident an “unprecedented scandal” and preparing to seek his impeachment.
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Libertarian subreddit mods will be working overtime to correct the narrative
I still don't understand how so many people can vote for obvious con men like this.
A religious belief in capitalism
Seeing as capitalism evolved from religion (specifically Calvinism) that only makes sense.