
A judge in Argentina has been appointed to investigate allegations of fraud against President Javier Milei following his brief promotion of a cryptocurrency that experienced a rapid collapse in value shortly after its launch last week. President Milei has denied any involvement in the scandal and stated that he acted in good faith.
The President and his office have refuted any connection with the creators of the $LIBRA cryptocurrency, asserting that he initially endorsed it as a potential entrepreneurial venture that could benefit Argentina. However, upon further investigation, Milei withdrew his support for the project.