Argentine President Javier Milei is accused of fraud over LIBRA token scandal

PANews February 17th news According to The Block, Argentine lawyers have filed a lawsuit against President Javier Milei, accusing him of alleged fraud for his involvement in the LIBRA token project. The scandal continued to escalate after the token broke out over the weekend, when the token was The value of the company plummeted 95% after Milei's initial promotion. "This illegal group has committed fraud, and the president's actions have played a key role in it," said plaintiff Jonatan Baldiviezo. Another plaintiff, Claudio Lozano, an economist who served as the president of the Central Bank of Argentina; A lawyer and an engineer also joined the lawsuit. The judge in the case may be appointed as the earliest tomorrow.

Milei denied knowing the token project in advance and insisted that he was innocent in the scandal. His administration announced yesterday that it would launch its own investigation into the token project, while his political opposition calls for an impeachment trial. "In view of the facts, President Javier Milei has decided to immediately let the Office of Anti-Corruption (OA) intervene to determine whether any member of the national government, including the President himself, had committed misconduct." Project consultant Hayden Davis accused Milei of Withdrawal of support for the project resulted in price drops and investors lost confidence.