What cryptocurrency controversy is President Javier Milei facing and how serious are the impeachment calls against him?
Argentinian President Javier Milei is facing impeachment calls after promoting a little-known cryptocurrency on X (formerly Twitter). Following his endorsement, the cryptocurrency's price initially soared but then collapsed dramatically, reportedly costing investors billions of dollars in losses, which has triggered fraud allegations and calls for his removal from office. However, according to the news correspondent, these impeachment calls may not be as serious as they appear. The correspondent notes that it's 'not that unusual in Argentina for opposition to sort of call for impeachment of a president that they don't agree with,' suggesting this might be more of a standard political response than an existential threat to Milei's presidency.
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Calls for Impeachment of Javier Milei
BBC News·8 months ago