Controversial Withdrawal of Support for Crypto Project in Argentina

President Javier Milei's rapid reversal on supporting the crypto project $LIBRA has caused turmoil and skepticism regarding its viability, raising serious concerns about transparency and regulatory oversight in Argentina's growing digital economy.


Controversial Withdrawal of Support for Crypto Project in Argentina

The Argentine president, Javier Milei, generated controversy by expressing his support for the cryptocurrency project $LIBRA, which promised to finance local ventures. However, shortly after, he decided to disassociate himself from it upon realizing that he did not know the project in detail. This sudden change caused uncertainty and distrust regarding the feasibility and safety of the initiative.

The situation took an unexpected turn when the president decided to retract his support for $LIBRA, raising doubts about the transparency and legitimacy of technological projects like this in Argentina. Speculations about possible crimes such as fraud and money laundering have arisen as a result of this event.

On the other hand, the KIP Protocol, led by Peh, has gained traction in Latin America amid the $LIBRA crisis, projecting Buenos Aires as a center of innovation in decentralized artificial intelligence. However, Milei's withdrawal of support for the project has called into question the viability of these initiatives.

The creation of an investigative committee has been proposed to clarify the facts and determine responsibilities. Dr. Dodgson, linked to the KIP Protocol, has been questioned about her ethics in managing high-investment projects. Additionally, possible violations of the Public Ethics Law and the Penal Code concerning this case have been noted.

Milei's unexpected change in stance regarding $LIBRA has raised multiple questions about the transparency and legitimacy of such ventures, highlighting the need for greater scrutiny from regulators and the public in general. Allegations of fraud and deceptive maneuvers have concerned the financial community and social media users, who fear a potential "rug pull."

In summary, the controversy surrounding Milei's support and subsequent retraction of $LIBRA has called into question the safety and viability of similar technological projects in Argentina. The case has highlighted the need for greater transparency and accountability in these types of investments promoted by political and business figures.