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Argentine President Milei in the Crosshairs Over Crypto Scam

Argentine President Milei in the Crosshairs Over Crypto Scam

Will the Giant Latin American DeFi Market Crumble?

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Grinfi Political Risk Edge
Feb 17, 2025
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Argentine President Milei in the Crosshairs Over Crypto Scam
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Photo Credit: Getty Images

Over the weekend, on Friday, February 14, Argentine President Javier Milei became embroiled in a rug pulling crypto scandal after promoting the memecoin $LIBRA on X.

In a now-deleted promotional tweet, Milei wrote:

“¡La Argentina liberal sigue creciendo! El objetivo de este proyecto privado es ayudar al desarrollo de la economía …

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