President Javier Milei deleted a tweet promoting the crypto token $LIBRA, linked to the Viva La Libertad Project, acknowledging he was unaware of the details of the initiative. Trader Lady Market alerted about the token and requested explanations, while liberal economist Carlos Maslatón accused Milei of participating in a crypto fraud and mentioned the possibility of a political trial.
In statements to Bloomberg Línea, Javier Milei confirmed that the project was real and consisted of private funding, although he clarified he was not directly involved in its development. The initiative, according to the official website of Viva La Libertad Project, operated on the Solana blockchain and aimed to finance local projects through an online registration form. So far, no further details have been provided regarding this.
Viva La Libertad Project was presented by Javier Milei on February 14 as a project to connect international investors with Argentine entrepreneurs through the token $LIBRA. The president described the initiative as a way to finance small businesses and startups. After the deletion of the promotional tweet, Milei stated that he had no prior knowledge of the project's details and criticized the political class for trying to take advantage of the situation.
Amid the controversy, it was confirmed from the presidential environment that there was no hacking of Javier Milei's account. Although a statement from KIP Protocol, responsible for the project, was expected to provide more information, no selection criteria or technical details about the distribution of funds were provided, which raised doubts in the crypto community. The presence of a contact address with a Gmail account also sparked criticism and suspicion about the project's seriousness.
The announcement of the token provoked various reactions and criticisms from both the crypto community and political sectors.
