Big news in Argentina! President Milei is in trouble because of a cryptocurrency called LIBRA. It's a memecoin, which is like a cryptocurrency that's more like a joke than a serious investment. Many people think it was a scam.
- LIBRA, a new cryptocurrency, quickly gained value and then crashed.
- Prosecutors think President Milei helped promote LIBRA.
- They're trying to freeze $110 million in assets related to LIBRA.
- Some people made a lot of money before the crash.
| Fact | Number |
|---|---|
| Money possibly lost | $110 million |
| Peak LIBRA market value | $4.5 billion |
| LIBRA's price crash | Over 90% |
| Current LIBRA price | $0.10 |
This whole situation is called "Libragate" and has made President Milei less popular. Investigators are looking into everything, including phone records and social media posts.
