Shortly after a message from the Argentinian president on X mentioning the cryptocurrency $ libra, its value collapsed, causing millions of dollars of losses for investors.
Argentinian lawyers have filed a fraud complaint against the president of the country, Javier Milei, to have promotes a cryptocurrency whose value has quickly collapsed.
The libertarian manager spoke of a digital currency called $ libra in a message on X Friday.
This cryptocurrency aimed at “Encourage economic growth by funding small businesses and startups”he said, before deleting his message a few hours later.
His message included a link to a website where digital parts could be obtained. The domain name, vivalalibertadproject.com, refers to the well -known slogan of Javier Milei (“Long live freedom!”) Which he often pronounces at the end of his speeches.
Shortly after the post of the Argentinian president on X, The value of $ libra, developed by Kip Protocol, has collapsed, causing millions of dollars of losses for investorsaccording to the financial site Dexscreener.
The opposition promises to start a dismissal procedure
Jonatan Baldiviezo, one of the lawyers who filed a complaint against Javier Milei on Sunday, says thatA “Undetermined number of fraud” was committed.
Lawyers suspect a “rug sweater”, a term used to describe a scam when developers create a cryptographic token, attract investors, then quickly disappear with the recipes.
“As part of this illicit association, the crime of fraud was committed, in which the actions of the president were essential”says Jonatan Baldiviezo, who also accuses Javier Milei of having violated the law on public ethics.
The latter was also strongly condemned by his political adversariesformer president Cristina Kirchner who suggested during the weekend that he had served as “hook” to one “Digital scam”.
Esteban Paulón, a politician of the Socialist Party, promisedStart a dismissal procedure against Javier Milei following this incidentwhich he describes as “very serious”.
The Argentinian president accuses his political rivals of trying to take advantage of this episode.
“I was not aware of the details of the project and, after being informed, I decided not to continue to promote it (that’s why I deleted the tweet)”he said.
In a press release published on Saturday, The president’s office said that the National Office for Combating Corruption would investigate this case.
“All the information collected within the framework of the investigation will be transmitted to the judiciary to determine if one of the companies or persons related to the (the company) KIP Protocol project committed an offense”.
According to Javier Milei’s team, members of his administration recently met representatives of Kip Protocol at the presidential office.
