Argentine President Javier Milei faces a fraud investigation after promoting a cryptocurrency that collapsed within hours, vaporizing billions in value.

Argentine President Javier Milei is facing a corruption probe into his promotion of a meme coin, which is a highly speculative form of cryptocurrency that’s seen a recent surge in popularity after President Donald Trump and his wife launched tokens of

Argentina’s president spoke out for the first time about a cryptocurrency scandal that has dented his reputation.

A scandal in Argentina involving the cryptocurrency $LIBRA erupted after $99 million was withdrawn by wallets linked to its creator. President Javier Milei, initially endorsing the coin, denied ties as the coin's value surged then plummeted.

Argentina's President Javier Milei is defending himself against accusations that he promoted a cryptocurrency that crashed, leaving investors with losses worth billions of dollars. The libertarian

Argentina's president faces his first major political crisis as the so-called "cryptogate" scandal shakes his credibility. The failed cryptocurrency endorsement sparks legal trouble, political fallout and media backlash.