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Crypto News: Argentine President Promotes LIBRA Token Again Amid Fraud Allegations
In a shocking turn of events, Argentine President Javier Milei has once again promoted the embattled LIBRA token on his social media platform, X. This decision comes despite earlier statements where he claimed to distance himself from the cryptocurrency following intense backlash.
The LIBRA token has been at the center of controversy due to its potential to mislead investors and spark financial losses. The President’s move to repost a tutorial on how to purchase the LIBRA token has sparked outrage, particularly among opposition lawmakers who are now pushing for impeachment proceedings against him.
In his defense, Milei stated that he did not promote the cryptocurrency, but rather shared it in good faith. However, critics argue that his actions undermine his responsibilities as the nation’s leader and put Argentinians at financial risk.
The situation has sparked a heated debate about the regulation of cryptocurrencies in Argentina and the role of government figures in promoting digital assets.
Source: coinpedia.org
