The CEO of a crypto wallet expressed his discontent, labeling the situation as a disaster. A lot was expected from President Milei regarding the crypto world and his promises, but unfortunately, a meeting with him and other representatives of regulated companies has not yet materialized. Manuel Beaudroit, CEO of Belo, criticized the lack of care towards the president and deemed it necessary.
Amid a scandal, the decentralized wallet Júpiter revealed the scam of creating a token without solid backing and promoting it only to suddenly pull out of the project, leaving investors at a loss. The cryptocurrency Libra, promoted by President Milei, generated controversy and criticism from industry representatives.
Behind this episode is Hayden Mark Davis of Kelsier Ventures, who presented himself as a presidential advisor in the fields of blockchain technology and artificial intelligence. However, the President's Press Office denied this information. The reaction from the crypto community was swift, expressing their disappointment and concern.
The president promoted Libra as an opportunity to invest in and finance Argentine ventures, but the mechanics behind this cryptocurrency raised suspicions and criticisms due to its lack of transparency and seriousness. The volatility of such assets generates impacts not only in the realm of investments but also in the economy and trust in the ecosystem.
The scandal caused a stir in the crypto community, with allegations of possible unethical practices surrounding the Libra project. The lack of clarity regarding those involved and the manipulation behind this cryptocurrency sowed doubts and discomfort in the sector. The controversy engulfed the president and several actors who wanted to distance themselves from responsibilities.
In summary, the Libra case has exposed the complexities and risks of the cryptocurrency world, as well as the importance of transparency and legitimacy in this field. Investors and experts continue to analyze the implications of this episode for the Argentine and global markets while seeking to clarify responsibilities and lessons to be learned.
