#MileiMemeCoinControversy In the middle of February 2025, the Argentine president Javier Milei was involved in a significant controversy after promoting a cryptocurrency known as $LIBRA. On February 14, Milei supported $LIBRA through his official social media accounts, which led to a rapid increase in the value of the token. However, shortly thereafter, the price of the cryptocurrency plummeted dramatically, resulting in substantial financial losses for numerous investors. This incident has been widely referred to as "Cryptogate" in the media.
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