Javier Milei, the president of Argentina, has arrived in the United States as the LIBRA memecoin scandal unfolds, posing a challenge to his administration. During his visit, which began on February 20, Milei is set to meet with notable figures including Elon Musk and Kristalina Georgieva from the International Monetary Fund. His trip is seen as an attempt to reshape his image following the scandal, which has been dubbed 'Cryptogate'. On February 14, Milei promoted the LIBRA memecoin on social media, claiming it aimed to stimulate Argentina's economy, but it was soon revealed that its creators allegedly engaged in fraudulent activities. Reports surfaced regarding the co-creator offering to influence Milei, resulting in calls for legal action. Polls indicate that many Argentines hold him accountable for the losses incurred by investors, although there is limited support for impeachment. The erosion of public trust in his leadership is considered a significant consequence of the scandal, jeopardizing his economic programs.

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