Summary
Argentine President Javier Milei faces impeachment calls and fraud accusations after promoting the $LIBRA cryptocurrency on social media.
His endorsement caused a price surge, but after he deleted the post, the coin crashed, wiping out investor funds.
Critics accuse him of a “rug pull” scheme, while the government denies wrongdoing and announced an anti-corruption probe.
Argentina’s main opposition coalition calls the incident an “unprecedented scandal” and preparing to seek his impeachment.
Ah, the sweet symphony of a crypto grift hitting the fan. Milei’s $LIBRA pump-and-dump scheme is just state-sanctioned Ponzi theater, proving even anarcho-capitalist messiahs can’t resist the siren song of digital snake oil. A president shilling shitcoins on Twitter? Peak late-stage capitalism.
The opposition’s faux outrage is equally laughable. Kirchner’s crew clutching pearls over crypto scams? Pot calling the kettle corrupt. This isn’t governance—it’s a circus where clowns pass legislation between meme posts.
The real tragedy? Citizens getting fleeced while the political class plays rug pull bingo. Democracy as a spectator sport, where voters choose between a dumpster fire and a tire fire. Milei’s “investigation” will vanish faster than that deleted tweet.
Crypto was supposed to be the revolution. Instead, it’s just another brick in the pyramid scheme of modernity.