Argentine lawyers filed fraud charges against President Javier Milei in criminal court after the libertarian leader touted a cryptocurrency that crashed soon after. Milei posted on X about $LIBRA, a coin that he said was aimed at “encouraging economic growth by funding small businesses and startups.” The president’s office said in a statement that Milei was not involved in any stage of the cryptocurrency’s development and decided to remove the post to avoid speculation and limit further exposure, following the public reaction to the project’s launch.
February 17, 2025
SOURCE: DAILY SABAH
Argentina’s Milei faces fraud charges over cryptocurrency promotion