#MileiMemeCoinControversy # MileiMemeCoinControversy

Investors lost $4.5 billion on Argentine President Milei's meme token $LIBRA.

• On February 14, Milei posted on X, supporting the cryptocurrency $LIBRA.

• He presented the token to his audience as a private project aimed at the country's economic development. The post was later deleted.

• Lawyers accuse Milei of organizing a "rug pull" - a scheme where after the launch of tokens, their value collapses and investors lose money.