The president of the United States, Donald Trump, made a public comment about the Argentine president, Javier Milei, amid global controversy surrounding the cryptocurrency $LIBRA. Trump shared a message and a photo of Milei on his TruthSocial platform. The message read: "If printing money ended poverty, printing diplomas would end stupidity." This post was interpreted as a gesture of support for the Argentine amid the cryptocurrency scandal.
Javier Milei, for his part, retweeted Trump's message and added his iconic phrase: "Neighborhood phenomenon." The promotion carried out by the president of $LIBRA on his social media last week triggered a series of complaints in the Argentine justice system, as well as a presentation to the U.S. Department of State and the FBI for alleged fraud.
After Milei's posting on social media, the price of the cryptocurrency $LIBRA experienced immediate growth, but shortly after it suffered a collapse, resulting in million-dollar losses for investors.
