Here’s how Argentina’s President denied involvement in LIBRA crash – BitRss

• LIBRA crash renews debate over pump-and-dump schemes in crypto markets.
• Javier Milei denies wrongdoing, dismisses most affected investors as bots amid legal scrutiny.

The LIBRA memecoin scandal continues to unfold, with new controversies surfacing daily.

Argentina’s President, Javier Milei, is now at the center of the storm after being accused of endorsing the cryptocurrency before its rapid collapse.

While Milei has denied promoting the token, the fallout has been severe, with investors facing heavy losses and the president now battling fraud lawsuits and impeachment calls.

Milei’s defense

As scrutiny intensifies, the incident raises critical questions about political influence in crypto markets and the risks of unregulated digital assets.

In his first public address since the Libra token controversy—now labeled “Libragate” by local media—Milei spoke with Todo Not…