Hayden Davis

{ The $LIBRA cryptocurrency scandal is an ongoing political scandal that began on February 14, 2025, when the president of Argentina, Javier Milei, promoted a cryptocurrency project called $LIBRA. The price of the meme coin spiked following Milei's promotion but then suffered a severe price drop, leading to allegations of a rug pull scam and $250 million in losses for investors. This scandal has been dubbed Cryptogate. The Economist called it the "first big scandal" of Milei's presidency. {