🚨 Argentine President Javier Milei's latest crypto venture has sparked controversy and disappointment, leaving a negative mark on leadership in the ecosystem! 🇦🇷💔 Milei recently endorsed Libra, a cryptocurrency project aimed at supporting small and medium enterprises in Argentina, claiming it would boost the economy. However, after a surge in Libra's market cap, the project faced serious issues, including a lack of token lock and concentrated liquidity. 📉 Insider trading was rampant, with at least 11 wallets profiting 43.8 million by dumping Libra after its price skyrocketed. Additionally, wallets funded by the Libra team cashed out, removing liquidity and claiming fees, totaling over 107 million in profits. After realizing the project's flaws, Milei disavowed Libra, stating he failed to conduct proper due diligence. He deleted his endorsement and emphasized that he had no involvement in the token launch. The fallout could have serious implications for Milei's administration, with opposition member Leandro Santoro proposing impeachment over the scandal. Milei's office has denied all allegations, calling his post a simple informational message. Meanwhile, the president has ordered an investigation into potential wrongdoing linked to Libra. What do you think about this situation? Let us know!