Milei Denies Promoting LIBRA, Claims Few Argentinians Were Affected

President Milei Addresses LIBRA Controversy

President Javier Milei clarified his involvement with the LIBRA meme coin amidst market volatility and allegations of misleading investors. Key points include:

  • Milei denied promoting LIBRA, stating he shared information in good faith.
  • He believes the project could benefit Argentine entrepreneurs.
  • The LIBRA incident prompted Milei to reconsider how he manages access to him as president.
  • Most affected investors were from the U.S. and China, not Argentina.
  • Milei stated only a few Argentinians might have been impacted by the collapse.
  • He defended his tweet about LIBRA, claiming it was posted shortly after launch due to interest.
  • Over 100 complaints have been filed against him related to the scandal.
  • U.S. prosecutors are assessing jurisdiction due to connections with American citizen Hayden Davis.
  • Milei voluntarily requested an investigation into potential wrongdoing among government members.
  • He firmly denied accepting bribes and emphasized blockchain transparency for accountability.

Milei reiterated that he acted in good faith throughout the situation.