Lawyer Guillermo J. Tiscornia filed a criminal complaint before the Federal Economic Criminal Court against the president of the Nation, Javier Gerardo Milei, for his alleged involvement in a financial fraud scheme related to the cryptocurrency $LIBRA. According to the document, Milei promoted the cryptocurrency through his social media, which skyrocketed its value before a collapse that left thousands of investors affected.
The complaint asserts that Milei was part of an Illicit Association that organized a scam with the cryptocurrency $LIBRA, affecting over 40 thousand people with losses exceeding 4 billion dollars. Additionally, it mentions that the lack of cryptocurrency market regulation in Argentina facilitated these maneuvers, and it points to a possible violation of the Public Ethics Law, leading the Anti-Corruption Office and the National Congress to initiate parallel investigations.
The complaint includes accusations of fraud, usury, abuse of authority, incompatible negotiations with public function, misuse of insider information, influence peddling, tax evasion, and money laundering, among other crimes. It requests that the investigation be concentrated in a single judicial venue due to the procedural connection of the facts, and it seeks to analyze a possible crime of abuse of authority and an alleged fraud.
Judge María Servini de Cubrída and prosecutor Eduardo Taiano will be in charge of determining whether there are sufficient elements to advance the case. In the context of the complaint, it is mentioned that the alleged mega-scam was carried out through an operation known as “Rugpull,” where the developers of a project launch a token and then abruptly withdraw with the investors' money, leaving the value of the cryptocurrency at zero and causing significant losses.
