Argentine President Javier Milei has denied promoting a newly launched cryptocurrency which collapsed shortly after he mentioned it in a social media post on Friday.
The cryptocoin $Libra quickly rose in value before nosediving, causing severe losses for the majority of people who had invested in it.
A judge will now determine if the president should face fraud charges over the incident.
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News post in February 19, 2025, 9:06 pm.
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