#MileiMemeCoinControversy Javier's post on X attracted millions of followers to LIBRA, pushing its market capitalization up to $4.6 billion. Just a few hours later, it crashed down to $600,000, causing investors to lose billions of dollars. Javier then quickly deleted the post and said that he had posted it by mistake, but people were very angry.
Later, the Argentine government announced that it would conduct an internal investigation, while opposition leaders took the opportunity to attack Javier. His actions damaged Argentina's reputation, although under Argentine law, the likelihood of a successful impeachment is very low, as it would require a two-thirds majority in Congress.