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Argentina’s President Milei Faces Impeachment After Promoting Controversial Cryptocurrency

Summary by Financial Express
The cryptocurrency incident urged the Argentine presidency to announce an investigation. Milei’s office said the Anti-Corruption Office would examine the situation to determine if any improper conduct occurred, including by the president himself.

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The Public Prosecutor considers that the Spanish courts are not competent despite the fact that the Comuns denounced the residence in Spain of several of the promoters of the currency 'Libra' A ghost project and a handful of cryptobros that take millions: the keys to the 'Libragate' scandal of Milei The Prosecutor's Office of the National High Court has refused to investigate the cryptocurrencies scam promoted by the president of Argentina, Javi…

·Spain
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It is within the framework of the president’s visit to Madrid to participate in the Economic Forum. The legislator pointed directly against the President for “having scammed more than 50,000 people with the cryptocurrency $Libra”. Read more

·Buenos Aires, Argentina
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The President will participate in an event sponsored by the same company that criticized him for spreading the token of the cryptocurrency now investigated for scam. At Casa Rosada they minimize the controversy and weigh the “international alignment”.With crypto funds, who is behind the forum that will bring Milei together with agitators and conspiranoists in Madrid While in Buenos Aires the opposition pushes projects to declare the emergency in…

At the weekend Javier Milei speaks in Spain at an economic event. In his home country, the Argentine president is involved in a scandal about the digital currency Libra.

The Attorney General's Office requested the freezing of nearly USD 45 million, the cryptocurrency linked to the US dollar. In addition, Judge Daniel Rafecas decided to dismiss the president's complaints against two journalists for "calumnias and insults."

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lapiramide.net broke the news in on Wednesday, June 4, 2025.
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