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Argentina’s Congress Opens Investigation Into Milei's LIBRA Scandal

Lawmakers in Argentina are opening a probe into President Javier Milei's promotion of the LIBRA cryptocurrency.
Argentina’s Congress Opens Investigation Into Milei's LIBRA Scandal
Bankless Bankless
Apr 9, 2025 • 0 min read
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Argentina’s Congress has opened an investigation into the LIBRA token promoted by President Milei, following its collapse and massive investor losses.

What’s the Scoop?

  • Congressional Probe Launched: Argentina's Congress approved measures to investigate the LIBRA cryptocurrency promoted by President Javier Milei.
  • High-Level Testimonies: Top government officials, including the Economy and Justice Ministers, are set to testify on the issue.
  • Massive Investor Losses: LIBRA token’s value collapsed by 90%, sparking allegations of insider trading and wealth extraction.

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