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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

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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