In 2025, marked by the success of the legislative elections on October 26, the government faced ups and downs in terms of corruption scandals. Some of the most uncomfortable moments were marked by complaints about the failed cryptocurrency Libra and irregularities at ANDIS.
On February 14, President Javier Milei promoted the Libra cryptocurrency on X, which collapsed hours later, generating million-dollar losses for more than 44,000 investors.
The other prominent case linking the Milei administration to possible corruption was the bribery scandal at the Disability Agency (ANDIS), which broke out in August, just weeks before the legislative elections in Buenos Aires Province, which were a setback for La Libertad Avanza, although it would later recover in the October national vote.
It all began with the leak of an audio attributed to Diego Spagnuolo, a lawyer close to the President and then director of ANDIS, who in the recordings attributed to him claimed that high-ranking officials (including Karina Milei and "Lule" Menem) were taking bribes for the purchase of medicines.
The revelation generated an immediate reaction from the government to contain the crisis, announcing the intervention of ANDIS and the removal of Spagnuolo. As part of the investigation, 14 raids were carried out, including the headquarters of ANDIS and Droguería Suizo Argentina, from which personnel from the Superintendence of Investigations and Cybercrime of the City Police also seized material related to drug purchases and tenders.
In addition, the house of Emmanuel Kovalivker in the Nordelta neighborhood, one of the owners of Suizo Argentina, the pharmacy that, according to Spagnuolo in the audios, would have paid bribes to ANDIS, was also raided.
Currently, all those implicated in the case are being summoned for questioning, but most have refused to testify.
In just four hours, while some officials and accounts linked to La Libertad Avanza were spreading the message, the currency lost 89% of its value. It was later learned that the President had held meetings with the project's leaders: Julian Peh, Mauricio Novelli, and Hayden Davis.
The plan was ambitious and involved launching a cryptocurrency tied to the Argentine digital ecosystem, with the possibility of being used as a financial alternative in unbanked sectors and with government backing to give it credibility, but the initiative immediately sank.
Financial analysts detected that a wallet associated with the token's creators had accumulated over 40% of the total $Libra in circulation, raising suspicions that it was a "pump and dump" scheme, i.e., artificially inflating the value of an asset to then sell it massively and cause it to collapse.
Criminal complaints against the head of state and his sister, Karina Milei, as well as the entrepreneurs behind the creation of the crypto, began to accumulate in the court of María Servini for the alleged crimes of "criminal association, fraud, and market manipulation".
