Argentine Prez Javier Milei accused of fraud over $LIBRA crypto promotion

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Argentine Prez Javier Milei accused of fraud over $LIBRA crypto promotion - Business Standard

Quick Summary:

However, the President’s Office confirmed that Milei and members of his administration had recently met with representatives of KIP Protocol at the presidential office.

The lawsuit also claims Milei violated Argentina’s Public Ethics Law, which prohibits government officials from using their position to benefit private enterprises.

The UTI will work to integrate information and conduct an urgent investigation into the launch of the cryptocurrency $LIBRA, as well as the companies and individuals involved in the operation, the government statement said.