AssetID: 54527054
Headline: UNCAPTIONED: Milei Faces Impeachment Threat Over Cryptocurrency Controversy
Caption: Milei Faces Impeachment Threat Over Cryptocurrency Controversy. Argentine President Javier Milei is facing impeachment calls and fraud accusations over his promotion of a cryptocurrency on social media. Milei endorsed the $LIBRA coin on X, claiming it would help small businesses, but deleted his post hours later after its value crashed. His endorsement caused the coin’s price to surge, but after he removed his post, it nosedived, leaving investors with heavy losses. Some opposition lawmakers are pushing for impeachment, while lawyers have filed criminal fraud complaints against Milei. Critics accuse Milei of a "rug pull" scam, where promoters boost a cryptocurrency’s value before pulling out and leaving investors stranded. Argentina’s presidential office denied wrongdoing, saying the post was deleted to prevent "speculation" and that Milei was not involved in the coin’s development. The government’s Anti-Corruption Office will investigate the incident, including whether the president acted improperly. Former President Cristina Fernández de Kirchner called Milei a "crypto scammer" as opposition leaders ramp up pressure against him. Argentina’s main opposition coalition called the situation an "unprecedented scandal" and is preparing a formal impeachment request. Legal and political challenges continue to mount as Milei’s government faces growing scrutiny over the controversial cryptocurrency promotion. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Javier Milei,Impeachment,Threat,Over,Cryptocurrency,Controversy,Deleted,Fraud,Calls,Social Media,$LIBRA,X,Coin,Business,Value,Crashed,President,Agentina
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