The Argentine president, Javier Milei, is in the center of a new controversy by promoting a cryptocurrency that turned out to be the object of controversy due to its collapse in the market. This fact, which has aroused strong criticism from various sectors, raises questions about the ethics and responsibility of public officials by getting involved in the promotion of financial assets.
What happened to the cryptocurrency promoted by Milei?
Through his Twitter account, Milei presented Libra cryptocurrency as a tool to finance small ventures in Argentina. However, shortly after its promotion, the value of this digital currency experienced a sudden collapse. This unleashed suspicions of market manipulation and the use of privileged information, given that the initial announcement generated a brief but significant increase in its value before its fall, generating profits that are calculated at several million dollars for those involved in the move, With support from the president, and scams for an undetermined number of people who chose to join the project at that time.
After criticism and controversy, the president eliminated the message and separated from the project, arguing to ignore the details of the same. However, public figures and cryptocurrency specialists have indicated irregularities. The case has been compared with a history in other countries, where similar projects have harmed thousands of investors.
Reactions and criticism
Not only the scam, but the personal involvement of the president, have aroused a real scandal, with criticism, complaints and investigation orders against Javier Milei.
Among those who spoke, are the main leaders of the left. For example, Nicolás del Caño said that “we are going to ask for the interpellation of Milei in the Congress, which is transmitted by the National Chain. It is a scandal that the president recognizes that he promoted a millionaire scam and then says he was not internalized. Is it going to Give your face or are you going to hide as Minister Caputo? “
Myriam Bregman also said that “the scams are not deleted with an apology. Urgent research and even the last consequences, without caste privileges.”
Also, from other sectors they have denounced strongly. Carlos Maslatón, former leader of La Libertad advances who broke with the space said that “Milei directly involved in a cryptographic fraud. He has crossed all moral limits, what he posted is made to steal. It can no longer be doubted: cause of political trial” .
In turn, Maximiliano Ferraro, president of the ARI civic coalition, indicated that Milei must “be investigated in Congress” after publication and explained: “If this was not a hacking, then we are facing a very serious and scandalous fact: the president Javier Milei launched or supported a cryptocurrency that, in less than two hours, mobilized millions of dollars, generated extraordinary profits and, finally, collapsed, cheating an indeterminate number of citizens. It could have openly violated the Public Ethics Law and the Law of Financial Entities, particularly in relation to advertising for the collection of resources (art. 19). In addition, what happened could configure money laundering crimes, fraud and/or fraud, which the FIU cannot ignore. ”
We are going to ask for the interpellation of Milei in Congress, which is transmitted by the National Chain. It is a scandal that the president recognizes that he promoted a millionaire scam and then says he was not internalized. Is it going to face or are going to hide as the minister …
– Nicolas del Caño (@nicolasdelcano) February 15, 2025
The scams are not deleted with an apology order. Urgent research and even the last consequences, without caste privileges.
— Myriam Bregman (@myriambregman) February 15, 2025
Milei spends her talking about Econochantas, but it turns out that she promoted a scam of 80 million dollars without being internalized. Is it useless or does it tease us?
– Nicolas del Caño (@nicolasdelcano) February 15, 2025
Milei says he promoted a scam of millions of dollars without wanting to. A typical chest of scammers. https://t.co/nzg7fcimjq
– Nicolas del Caño (@nicolasdelcano) February 15, 2025
Source: www.laizquierdadiario.com
