US EditionLIBRA News: Argentine President Javier Milei Cleared of Misconduct Over LIBRA Promotion
- In February 2023, Argentine President Javier Milei promoted the LIBRA memecoin on his personal X account, which prompted an ethics investigation.
- The promotion occurred as a personal expression before Milei was elected president, leading the Anti-Corruption Office to clarify his role in a June 5 resolution.
- Milei described LIBRA as a token supporting small and medium Argentine companies, deleted his post hours later, and publicly stated he lacked details on the project.
- Following his mention, LIBRA’s market cap surged to about $4.5 billion but crashed 90%, wiping over $4 billion and causing investors $251 million in losses.
- The Anti-Corruption Office cleared Milei of ethics violations as no public resources were used, but a federal court continues a criminal investigation into possible market manipulation.
21 Articles
21 Articles
The LIBRA Controversy Underscores Argentina’s Polarized Political Climate
Argentina’s Anti-Corruption Office cleared President Javier Milei of wrongdoing in the LIBRA cryptocurrency scandal, ruling that his February 2025 social media post promoting the token was made in a personal capacity, not as an official act. The decision, reported on June 5, 2025, found no violation of public ethics laws, as no federal resources were […] The post The LIBRA Controversy Underscores Argentina’s Polarized Political Climate appeared …
Buenos Aires, 10 Jun (Prensa Latina) The government of Javier Milei takes today more debt in dollars to try to recompose the reserves of the Central Bank of Argentina (BCRA), decision that deepens the debt of the country. The post Executive of Milei owes more to Argentina first appeared on Noticias Prensa Latina.
LIBRA Scandal Resolution: Javier Milei’s Conduct Deemed Ethical By Anti-Corruption Office
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Argentina’s President Javier Milei has been exonerated by the country’s Anti-Corruption Office regarding his involvement in the controversial LIBRA memecoin scandal, which resulted in significant financial losses for investors. The announcement, made by local media, indicates that the office found no legal...
Argentine Anti-Corruption Authority Acquits President Milei In The Libra Cryptocurrency Case
The Argentine anti-corruption authority (Oficina Anticorrupción; OA) has concluded that President Javier Milei acted for personal gain in promoting the Libra cryptocurrency (LIBRA), but did not violate the country's public ethics laws.
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
