
Investor Briefing: $LIBRA Coin – From Presidential Endorsement to Alleged Fraud!
In mid-February 2025, Argentine President Javier Milei endorsed a new cryptocurrency, $LIBRA, promoting it as a private initiative aimed at stimulating Argentina's economy. This endorsement led to a rapid surge in $LIBRA's value, with its market capitalization peaking at approximately $4.6 billion within hours. However, the coin's value plummeted shortly thereafter, resulting in significant financial losses for investors.