An ally of Trump and darling of the global right, Javier Milei tries to deflect critics after a cryptocurrency he endorsed collapsed, wiping out $4 billion in value.

Argentina’s President Javier Milei is facing fraud charges following a promotional social media post about a cryptocurrency that swiftly plummeted in value. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Argentine President Javier Milei faces an investigation for allegedly promoting a cryptocurrency that experienced a rapid decline. The 'rug pull' scam has left investors with losses and sparked legal actions.