Cryptocurrencies
Milei Pushes Crypto Token, Then Deletes Post Amid Fears of Scam
- Argentine leader touts coin purporting to help small business
- He later said he wasn’t ‘aware of the details of the project’
President Javier Milei advertised a crypto token he said was meant to help local Argentine businesses, but his support was met with widespread concern about a potential scam and he deleted the post.
Milei initially promoted the LIBRA token late Friday in a post on X, saying the money raised would go to help small and medium-size companies in Argentina and stressing that the project was privately run. In a text message, he added that he would reap no personal financial benefit from the venture.