President Javier Milei of Argentina has denied promoting the troubled cryptocurrency $LIBRA, which recently crashed, leading to billions in investor losses. Following public outcry and accusations of fraud, prosecutors are launching an investigation into the matter. Despite Milei’s assertions of innocence, opposition leaders are seeking his impeachment while the economic impact unfolds.
Argentine President Javier Milei has categorically denied any involvement in a cryptocurrency scandal known as ‘cryptogate’ that saw the $LIBRA cryptocurrency crash, resulting in significant financial losses for investors. During an interview with broadcaster TN, President Milei stated, “I did not promote it, I spread it,” asserting that the issue is between private parties, with no involvement from the state. He emphasized that he acted in good faith and claimed ignorance of the project’s details when he first endorsed it online.
The situation surrounding President Milei and the $LIBRA cryptocurrency highlights serious allegations of financial misconduct involving significant investor losses. As prosecutors begin their investigation into possible fraud, the political fallout continues, characterized by calls for Milei’s impeachment. While he maintains his innocence and continues his official duties, the unfolding drama poses potential challenges to his credibility amidst ongoing economic reforms.
Original Source: www.wyomingnewsnow.tv
