MILEI’S LIBRA SCANDAL MAY HAVE HURT MORE THAN HIS PRESIDENCY 🚨
Argentina was becoming one of crypto’s most promising markets.
Now President Javier Milei’s connection to the LIBRA token collapse may have damaged trust in the entire sector. 👇
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In February 2025, Milei publicly promoted LIBRA as a project that could support Argentina’s economy.
The token quickly surged, then collapsed.
Reports say roughly 13,000 investors were caught in the fallout as millions in value disappeared.
cointribune.com/en/libra-tok…
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New reports now claim investigators found evidence of a $5M financial arrangement tied to entities linked to Milei.
Phone records also reportedly show calls between Milei and crypto lobbyist Mauricio Novelli shortly before the endorsement.
yahoo.com/news/articles/arge…
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The bigger issue may be what happened after.
Argentina had become a major test case for crypto adoption during economic instability.
But when politics and token promotion start mixing, even legitimate crypto projects can lose credibility.
theguardian.com/world/2026/a…
May 5, 2026 · 10:10 AM UTC
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