President Milei Denies Involvement in Cryptocurrency Scandal Amid Rising Investigations

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President Javier Milei denied promoting the failed cryptocurrency $LIBRA amid a growing investigation into potential fraud. Following a rapid rise and subsequent crash of the digital currency, allegations have surfaced including Milei’s possible role in a ‘rug pull’ scam. Opposition figures have called for impeachment proceedings as the country grapples with fallout from the scandal.

On Monday, Argentine President Javier Milei refuted allegations of endorsing the cryptocurrency $LIBRA, which experienced a severe crash causing substantial financial losses to investors. During an interview with broadcaster TN, Milei stated, “I did not promote it, I spread it,” asserting that it was a matter confined to private entities, and he acted in good faith without state involvement.

In closing, President Javier Milei faces scrutiny over potential misconduct related to the controversial cryptocurrency $LIBRA. As investigations by prosecutors and government agencies commence, there are serious implications for Milei’s political integrity. The incident has sparked significant criticism from various sectors, including from opposition parties and economists, raising questions about the future of his administration amid ongoing economic challenges in Argentina.

Original Source: www.wyomingnewsnow.tv

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