President Javier Milei is facing scrutiny for his promotion of LIBRA, a controversial cryptocurrency, which has triggered a congressional investigation. The token’s value surged briefly after Milei’s endorsement on social media before plummeting by 90%, leading to significant investor losses. This incident raises questions about Argentine political accountability and regulatory oversight in the cryptocurrency space. A probe initiated by the House of Representatives with a majority vote supports an inquiry into Milei’s alleged involvement. Legal proceedings are underway, with lawsuits filed against the president for negligence or complicity in promoting potentially illegal activities. The investigation could have lasting implications on future interactions between political leaders and cryptocurrencies.