Argentina’s President Milei Denies Involvement in Libra Memecoin Scandal Amid Lawsuits and Political Turmoil 🚨

President Javier Milei refutes allegations linked to the Libra memecoin scandal, which caused a surge and crash in token value, sparking lawsuits and political backlash in Argentina.

Argentina’s President Milei Denies Involvement in Libra Memecoin Scandal Amid Lawsuits and Political Turmoil 🚨
Benzinga
286 views • Feb 19, 2025
Argentina’s President Milei Denies Involvement in Libra Memecoin Scandal Amid Lawsuits and Political Turmoil 🚨

About this video

President Javier Milei addressed the growing controversy surrounding his involvement with the Libra memecoin. The token surged in value before crashing, triggering investor losses, lawsuits, and calls for his impeachment. Milei admitted to meeting with the coin’s creators but denied intending to influence purchases, claiming he sought to promote crypto-backed support for Argentine businesses. The government has launched an internal investigation, while Milei’s opponents seize on the crisis.

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286

Duration

0:34

Published

Feb 19, 2025

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