The case involving President Javier Milei in the promotion of the cryptocurrency $Libra has revived the debate on cryptocurrency regulation in Argentina and the responsibility of public officials in promoting high-risk financial assets. There is anticipation for the interview that Milei will give tonight to defend himself against the accusations and explain his involvement in the promotion of $Libra.
The controversy began when Milei used his Twitter account to promote $Libra, generating rapid interest from investors due to his alleged backing from the president. Following the collapse of the cryptocurrency and the subsequent losses suffered by investors, allegations of fraud and illicit association were filed against the president, claiming he used his social media influence to promote the memecoin.
In the midst of this scandal, Milei will break his silence tonight in an interview with the program "La Ves?", hosted by Jonatan Viale on the Todo Noticias (TN) network. This will be the first time the president publicly addresses the accusations linking him to a possible fraudulent maneuver regarding the cryptocurrency $Libra.
Federal judge María Servini, 90 years old, has been appointed to investigate the allegations against Milei for the promotion of $Libra on Twitter. Meanwhile, the progress of the case promises to remain a central topic on the political and media agenda in the coming days, as the accusations point to a possible manipulation of the cryptocurrency's value.
The scandal has had a strong impact on public opinion and has questioned the president's credibility, facing criticism from both the opposition and sectors of his own coalition. Judge Servini will have to determine whether there is sufficient evidence to advance the investigation for fraud and illicit association, while affected investors seek to recover their losses through available legal channels.
