Policy & Regulation
Argentina’s Opposition Parties Reactivate LIBRA Investigation Into President Milei

Credit : cryptonews.net
Argentina reopens his investigation into President Milei in regards to the scandal. The primary committee, based in April, was confronted with bureaucratic and convention obstacles and couldn’t function appropriately.
Milei, nevertheless, is now confronted with new corruption scandals which can be largely not associated to crypto. These enabled a brand new political coalition to reopen the investigation by violence, which ought to proceed till the October elections.
Milei’s alleged scales of scales
The scales pump and dumping was an enormous scandal for Argentina, however the seek for solutions and justice has lately reached a low level.
President Milei dissolved the Activity Power that investigated his involvement in Might, and prosecutions established within the US additionally arose this month. Nonetheless, the opposition of Argentina reopens analysis into the Libra of Milei:
“The Ministry of Justice is investigating, and we hope it’s actually assured, is just not afraid and acts rapidly within the dragonfly case. Was there or was there no insider commerce on the highest ranges of energy? I do not wish to come to conclusions, as a result of it is a investigation committee,” claimed Maximiliano Ferraro, a brand new perspective of Civic Civic.
Though this analysis instantly pertains to the size scale, the non -related controversies of Milei apparently activated it. Specifically, a brand new incident considerations quite a lot of leaked phone recordings from Diego Spagnuolo, the previous lawyer of Milei and a authorities official.
In these recordings he claimed that the president and his sister Karina are instantly concerned in bribery. Spagnuolo himself admitted that the cellphone calls had been actual.
This prompted an unprecedented scandal for the federal government of Milei, which meant that crowds of civilians actually obtained the president with lettuce and different waste yesterday. No accidents had been reported.
The following elections of Argentina will happen in October. It’s simple to see how this bribery scandal has given the meme coin analysis a brand new life.
Javier Milei has simply destroyed the Memecoin market:
Hours in the past Argentinian President Milei launched a memecoin, $ scales, for ‘the expansion of their financial system’.
Greater than $ 4.4 billion in market capitalization was deleted inside 5 hours.
Is that this the biggest rug in historical past?
(a thread) pic.twitter.com/T4T69R851D
– De Kobeissi -Letter (@kobeissiletter) February 15, 2025
Public prosecutors discovered convincing proof that Milei and his sister linked to the Libra Scandal, however congress -opposition and bureaucratic street vaults gave the process.
As we speak, then again, 5 events representing 136 of the 257 legislators of the Chamber of Representatives are able to resume this competitors. Numerous allies from Milei had been sturdy towards this measure, however apparently they don’t have the facility to dam the investigation.
In different phrases, the size scale weighs closely on the Crypto group of Argentina, however it is only one a part of this push towards Milei. This committee has given itself a deadline of 10 November to supply studies about its conclusions, which can be nicely after the subsequent elections.
Generally, the scandal may be severely dangerous to Milei and his political future.
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