Argentina’s Milei provided ‘essential collaboration’ for Libra project, congressional report finds
A congressional report suggests President Milei's promotion was essential to the alleged $LIBRA scam, recommending an inquiry into misconduct.Summary
An investigative committee in Argentina's Chamber of Deputies released a report concluding that President Javier Milei's promotion, via an X post, provided "essential collaboration" for the alleged $LIBRA cryptocurrency scam, which resulted in widespread losses for 114,410 wallets. The report recommends Congress evaluate if Milei committed "misconduct in office." The committee suggests the token's collapse was not due to poor oversight but a "deliberate will to evade institutional controls." The report also details a pattern of behavior, citing Milei's prior public validation of the KIP Protocol, which was followed by a similar liquidity drain. Milei has denied wrongdoing, disbanded a task force investigating the matter, and, along with Libra founders, faces a judicial investigation and a class-action lawsuit.
(Source：The Block)