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  5. Argentina President Javier Milei charged with fraud over cryptocurrency promotion

Argentina President Javier Milei charged with fraud over cryptocurrency promotion

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Javier Milei was charged with fraud for promoting a cryptocurrency called $LIBRA. He posted about the coin on social media, claiming it was designed to encourage economic growth. The post was removed, causing a sharp drop in the currency's value. Critics have accused Milei of involvement in the rapid rise and fall of the cryptocurrency. A judge is investigating Milei's relationship with $LIBRA, and some opposition politicians have warned that he could face an impeachment trial. Milei has denied promoting the cryptocurrency, stating that he only shared information about it. Prosecutors will examine whether Milei engaged in fraud or criminal association.

  1. AR
    Javier Milei
    La Libertad Avanza
    1. The president shared a post on his personal accounts announcing the launch of KIP Protocol's project, as he does daily with many entrepreneurs who wish to launch projects in Argentina to create jobs and attract investments.
  2. Hayden Davis
    1. Despite prior commitments, Milei and his team unexpectedly changed their position, withdrawing their support and deleting all previous posts on social media.
  3. AR
    Jonatan Baldiviezo
    1. Within this illicit association, the crime of fraud was committed, in which the president's actions were essential.
  4. AR
    Observatorio del Derecho a la Ciudad
    1. We denounce Milei as being part of an illicit association that organized a scam with the $LIBRA cryptocurrency that simultaneously affected more than 40,000 people with a loss of more than $4 billion.
  5. AR
    Agustin Etchebarne
    Fundacion Libertad y Progreso
    1. It was right to acknowledge that a mistake was made, that certain things need to be corrected, and that an investigation is necessary.
  6. AR
    Hernan Letcher
    Argentinian Center for Economic Policy
    1. It's a blow to the president's economic credentials, to his honesty, and to his status as a global reference point.
    2. For the government to sustain its current economic model, which has seen the exchange rate rise sharply, it needs an influx of fresh funds from the IMF.
  7. ES
    Eduardo Garzón
    1. The result? Only nine people earned $87 million (€83 million), while more than 44,000 others lost everything they put in (...) a Ponzi scheme across the board, promoted by Javier Milei.

Argentina under Milei

  1. Argentina's President Milei faces impeachment calls amid controversy over cryptocurrency promotion
  2. Argentina's Senate Passes Milei's Reform Bill Amid Ongoing Protests
  3. Argentina's Capital City Sees Clashes Between Protesters and Police Ahead of Key Senate Vote on Reform Bill

sources

  1. 1.Le Monde
  2. 2.The Times of India
  3. 3.Al Jazeera
  4. 4.France 24
  5. 5.CNN
  6. 6.DW News
  7. 7.BBC
  8. 8.El Paìs
  9. 9.Agence France-Presse
  10. 10.Associated Press
  11. 11.El Pais
  12. 12.La Nación

perspectives

  1. 1.Election
  2. 2.Protests
  3. 3.Inflation
  4. 4.National Debt
  5. 5.Argentina under Javier Milei
  6. 6.Cryptocurrencies

countries

  1. 1.ArgentinaAR
  2. 2.ColombiaCO
  3. 3.SpainES
  4. 4.United StatesUS

organizations

  1. 1.Clarin
  2. 2.Anti-Corruption Office
  3. 3.Center for European Policy Analysis
  4. 4.Dexscreener
  5. 5.International Monetary Fund
  6. 6.Voyager Digital
  7. 7.Argentina Project
  8. 8.Casa Rosada
  9. 9.Inter-American Development Bank
  10. 10.Kobeissi LetterUS
  11. 11.Observatorio del Derecho a la CiudadAR
  12. 12.Republican Party

persons

  1. 1.Javier MileiAR
  2. 2.Donald TrumpUS
  3. 3.Elon MuskUS
  4. 4.Jonatan BaldiviezoAR
  5. 5.Martín Menem
  6. 6.Nestor Kirchner
  7. 7.Agustin EtchebarneAR
  8. 8.Ajay Banga
  9. 9.Ana Melgar
  10. 10.Cristina Fernández De KirchnerAR
  11. 11.Eduardo GarzónES
  12. 12.Hayden Davis

technicals

  1. 1.Libra
  2. 2.Conservative Political Action Conference
  3. 3.KIP Protocol
  4. 4.Department of Government Efficiency
  5. 5.Rugpull
Argentina President Javier Milei charged with fraud over cryptocurrency promotion