Argentina opposition calls for impeachment of Javier Milei after cryptocurrency collapse

<p>President endorsed $Libra crypto token on Friday before it collapsed, leading some to call it a financial ‘rug pull’</p><p>Opposition politicians in Argentina have called for the impeachment of president <a href="https://www.theguardian.com/world/javier-milei">Javier Milei</a> after he touted a cryptocurrency which quickly collapsed and reportedly led to <a href="https://apnews.com/article/argentina-milei-cryptocurrency-fraud-charges-c0321f320a00cdb58edfb365ba8ce0f8">millions of dollars</a> in losses this weekend.</p><p>Milei endorsed the little-known cryptocurrency token $Libra on Friday evening, announcing on X that the project was “dedicated to boosting the growth of the Argentine economy by funding small businesses and entrepreneurs”. His post linked to a website where the digital coin could be bought, the domain name of which included Milei’s popular catchphrase “long live freedom”.</p> <a href="https://www.theguardian.com/world/2025/feb/17/argentinia-opposition-impeachment-milei-cryptocurrency-collapse">Continue reading...</a>