Argentine President Javier Milei is facing impeachment after a cryptocurrency scandal involving the endorsement of a meme coin called $LIBRE. The coin surged in value after the president's endorsement but quickly collapsed, leading to accusations of a rug pull. Opposition leaders are calling for Milei's removal, citing embarrassment on an international scale. The company behind $LIBRE, KIP Protocol, initially denied Milei's involvement but later admitted that the launch and market-making were managed by Kelsier Ventures. The impeachment drive is gaining momentum in Congress, with lawmakers demanding to know who profited from the token's rise and fall. Milei has distanced himself from the project, and an official investigation into LIBRE has been announced.



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