Argentina President Javier Milei charged with fraud over cryptocurrency promotion

Javier Milei was charged with fraud for promoting a cryptocurrency called $LIBRA. He posted about the coin on social media, claiming it was designed to encourage economic growth. The post was removed, causing a sharp drop in the currency's value. Critics have accused Milei of involvement in the rapid rise and fall of the cryptocurrency. A judge is investigating Milei's relationship with $LIBRA, and some opposition politicians have warned that he could face an impeachment trial. Milei has denied promoting the cryptocurrency, stating that he only shared information about it. Prosecutors will examine whether Milei engaged in fraud or criminal association.