Fnalysis.
Presidential Tweet
A sitting president promoted a token on Twitter, it crashed within hours, and a year and a half later courts are still freezing accounts
In February 2025, Argentine President Javier Milei posted a tweet promoting the $LIBRA token, which spiked and collapsed within hours, leaving thousands of investors with massive losses. In July 2026, Argentine courts ordered the freezing of 25 crypto addresses linked to the fraud, suspected of having moved at least $44 million in the days following the tweet.
The scandal, widely known as "Libragate," triggered judicial investigations in both Argentina and the United States, and put a spotlight on the risks of high-profile public figures promoting high-risk financial assets with zero warning attached.
Source: Página/12 →The executive branch, influencer edition.