Javier Milei's LIBRA Endorsement: What Went Wrong?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Feb 17 2025Fraud Allegations Against President Milei: Argentine President Javier Milei faces serious fraud allegations related to the LIBRA token, a cryptocurrency that collapsed shortly after its launch. Legal experts claim his endorsement contributed to an illicit scheme, leading to a lawsuit accusing him of defrauding investors.
Political Fallout and Investigation: The scandal has prompted calls for Milei's impeachment and triggered an investigation by Argentina’s Anti-Corruption Office into his involvement. Blockchain analysis indicates insider trading activities linked to the LIBRA project, further complicating Milei's political standing.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
