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Milei promotes a cryptocurrency and rectifies hours later for being a ‘meme coin’

by admin_l6ma5gus
February 16, 2025
in World
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Milei promotes a cryptocurrency and rectifies hours later for being a ‘meme coin’
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02/15/2025

Updated 02/16/2025 at 08: 59h.


And Argentine president Javier Milei has been involved in a gigantic dimensions scandal this Saturday, after promoting a cryptocurrency That, after the advertising of the Head of State, he saw his value in a matter of minutes. It is one of the strongest controversies that the president must face since he arrived at Casa Rosada, just over a year ago. They accuse the president of having promoted a scam. The opposition analyzes asking for a political trial for the dimensions of the fact.

The head of President Milei, with which he closes most of his speeches throughout the world, has become the last nightmare for the government. It all started late on Friday, when the Head of State made the decision to promote through social networks the project ‘Viva La Libertad Project’. According to the president, it is a cryptocurrency investment to help “anchor small businesses.” The promoted cryptocurrency is called $ Libra

«Liberal Argentina grows! This private project will be dedicated to encourage the growth of the Argentine economy, anchoring small companies and Argentine enterprises. The world wants to invest in Argentina », Milei wrote through his profiles in X and Instagram.

Currency and scandal collapse

A few hours later, the president said, ensuring in his social networks that he had no link with the company and also erased the messages published in advance in his accounts. He even said that “he was not internalized” of the investment he was promoting. In the time that passed in the middle, a large number of Crypto buyers denounced to have been part of a great scam in which they lost huge sums of money.




According to local press information, based on the president’s dissemination, the cryptocurrency managed to capitalize on 4,000 million dollars. In its publication, Milei assured that everyone wants to invest in Argentina. Just hours later, the pound value collapsed strongly, above 90%.

On Saturday, what seemed to be a simple wrong promotion became a scandal of gigantic dimensions. The Casa Rosada, which came to celebrate days ago the fall of inflation, saw its euphoria interrupted by the anger of hundreds of users who had opted for the virtual currency following the president’s advice.

Political trial requests

One of the first responses to the scandal unleashed by the Government was that of the former president Cristina Fernández de Kirchner. “You turned Argentina into a casino where Crupier the president himself,” the ex -president wrote in his social networks.

The Colombian president, Gustavo Petro, was another of those who referred to the issue, with a left irony. «Invest president, in Colombian Café is growing in international price as never before. And it is also sold for pounds. They do not do scaming magnates, but the peasantry of my land, it is very good, he knows peace, he has a scent of beauty and decency, ”published the head of state.

Despite the attempts of the Casa Rosada to stop a controversy that grows exponentially, such as that of the Minister of Security Patricia Bullrich-who accused the opposition of “wanting to lower it”-, the matter is not paid and the government I could face serious legal problems. The opposition even threatens the possibility of initiating a political trial to Milei and calls for a commission to investigate the Head of State for what happened.

Research in the Anti -Corruption Office

Milei has instructed the Anti -Corruption Office (OA) to investigate whether any government member, including himself, incurred inappropriate behavior, After the president promoted a cryptocurrency and decided to retract before the suspicions that it could be a scam.

“By virtue of the facts, President Javier Milei has decided to give intervention immediately to the OA to determine if there was an improper conduct by some member of the national government, including the president himself,” said the Argentine presidency in A statement.

In this sense, Casa Rosada has expressed that Milei “is committed to due clarification of this fact until the last consequences. “


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Tags: aftercoinCryptocurrencyCurrencyhoursMemeMileipromotesrectifiesrectify
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