Argentina President Accused of Crypto Fraud Scheme

The Argentine President, Javier Milei, faces accusations of promoting a suspected cryptocurrency scam, resulting in hundreds of millions of dollars lost by investors. The Congress released a report alleging fraud and political responsibility, involving Milei's sister and advisor, Karina Milei.

Milei endorsed the Libra Meme Coin, described as a rug-pull scheme, attracting investors before collapsing abruptly. Legal complaints have been filed against Milei, with ongoing investigations and uncertainty regarding further actions by Congress.