Argentine President Javier Milei is facing accusations of promoting the controversial $LIBRA token, leading to significant financial losses. A newly released report from the Argentine Chamber of Deputies’ investigative committee details how Milei’s endorsement, including a public tweet about the token, contributed to market impact and the subsequent collapse of the cryptocurrency. The report suggests that without Milei’s involvement, the token may not have gained such attention or seen such significant trading volume. The investigation further points to a pattern of behavior where Milei has publicly endorsed crypto projects before they experienced liquidity drain events. This includes his endorsement of the KIP Protocol, which suffered similar circumstances after public validation from him, leading to sharp price drops and losses for investors.