Big news in Argentina! President Milei, who likes cryptocurrency, supported a new coin called Libra. But Libra's price crashed quickly, and people think it was a scam where the creators took all the money. This is causing big problems for the president and for Argentina's plans to make rules for cryptocurrencies.
- President Milei supported a new cryptocurrency called Libra.
- Libra's price went way down very fast after his support.
- People think it was a scam, and the creators stole lots of money.
- This is making it harder for Argentina to create laws about cryptocurrencies.
| Fact | Details |
|---|---|
| Money lost in the scam | Over $100 million |
| President's response | Deleted his post, denied involvement |
| Impact on Argentina | Crypto regulation is delayed, uncertainty in the crypto market. |
