Argentina President accused of fraud in cryptocurrency – fastbn

Argentina President accused of fraud in cryptocurrency


Argentina President Javier Milei faces impeachment calls and accuses him of promoting legal lawsuits on social media to promote cryptocurrencies.

Milei posted Friday’s $Libra coin on X (formerly Twitter), which he said will help fund small businesses and startups.

He shared the link to buying it, causing the price to rise. But within a few hours, he deleted his position, and the value of cryptocurrency casts some value, causing most of the investors to lose.

Some opposition lawmakers say they plan to start litigation to impeach Miller. Meanwhile, lawyers filed a complaint about fraud in the criminal court in Argentina on Sunday.

Some people online accused Milei of being called “carpet pull” – attracting cryptocurrency promoters among buyers, simply stopping trading activities and making money from the money raised from the sale. They pointed out that the link is used to buy a sentence the president uses in his speech.

but Argentina’s presidential office said on Saturday The decision to remove the position is to avoid “guessing” after the public’s reaction to cryptocurrency initiation.

It said Miley was not involved in the development of cryptocurrency and the government’s anti-corruption office will investigate and determine that anyone, including the president himself, is acting inappropriately.

“The crime of fraud is committed, and the president’s lawsuit is crucial,” Jonatan Baldiviezo, one of the plaintiffs who filed the legal lawsuit, told the Associated Press.

Miley’s political opponent seized the opportunity.

Former President Cristina Fernández de Kirchner, now in the opposition, was very critical, calling him “Encryption scammer“In 6.4 million posts.

The country’s main opposition coalition said it would file a request from the impeachment president, calling it “An unprecedented scandal”.

Esteban Paulón, a member of the opposition Socialist Party, In a post on X, he also asked to start the improvisation program.



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