The $LIBRA cryptocurrency case in Argentina
The case of the $LIBRA cryptocurrency, promoted and then retracted by Argentine President Javier Milei on X in February 2025, has resurfaced with new press revelations. A parliamentary inquiry had concluded that it was a "presumed scam," noting significant losses for many investors. Alleged messages suggest an agreement for financial support from the president for the project.
This new information, including alleged phone exchanges between the president, his sister, and promoters of the $LIBRA, fuels accusations of intentional coordination. The opposition wants to restart a parliamentary investigation and request hearings, despite a political context now more favorable to the president. Javier Milei described these revelations as "media mafia."