The recent $LIBRA controversy surrounding Argentine President Javier Milei is yet another example of why public figures should exercise extreme caution when endorsing financial products—especially in the volatile world of cryptocurrencies.

Milei’s promotion of $LIBRA raises serious ethical and legal concerns. A sitting president publicly endorsing an unregulated and highly speculative digital asset without proper due diligence is, at best, irresponsible and, at worst, a deliberate attempt to manipulate markets. Did he truly not understand what he was promoting, or was this a calculated move?