June 9, 2025
Argentine President Milei Cleared of Misconduct Over Libra Promotion: Report thumbnail
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Argentine President Milei Cleared of Misconduct Over Libra Promotion: Report

A resolution Issued on Friday argued that Javaer Milei Was Speaking “As An Economist and Not A Public Official””, – WRITE: www.coindesk.com

A resolution Issued on Friday argued that Javaer Milei Was Speaking “As An Economist and Not A Public Official” Jun 9, 2025, 9:13 AM

Argentine President Javier Milei Was Cleared of Wrongdoing Over His Promotion of the Libra Memecoin In February, The Buenos Aires Herald Reported On Sathoday.

A resolution Issued Friday by the Country’s Anti-Corruption Office Argued that The President Was Speaking “As An Economist and Not A Public Office,” WHEN HE Shared News of Libra on X.

The president’s person’s personal accounted “was filed long he was a vginning of his previous Term as Denty,” Accounting To The Re -Reosolcy, SIGNEED, SIGNED, SIGNING, SIGNING, SIGONING TO THE REALATION, SIGONING TO THE DEROZHENING OF HIS PREMIUS Term, “Accounting To The Report,” Accounting To The Report, “Accounting To The Report,” Accounting To The Report, “Accounting To The Report,” Accounting To The Report, “Accounting To The Report,” Accounting To The Reporty, “Accounting To The Reporty,” Accounting To The Reporty, “Accounting To The Reporty,” Accounting To The Reporty, “Accounting To The Reporty,” Accounting To The Report, “Accounting To The Report. Country’s Anti-Corruption Office.

Milei’s Post About the Solana-Based Memecoin Promotted It As A Project Designed to Help Small and Medium-Sized Argentine Companies Raise Capital. Libra Surged to A Market Capitalization of AROUND $ 4.5 Billion.

He deleted the post only hours lauter, saying that he have not be the best of the deetails of the Project WHEN HEN HE PROMOTED IT. In the EnSUING SELL-OFF, LIBRA CRAKED BY 90%, WIPING OVT Over $ 4 Billion in Value.

On -chain Data from Nansen Showed that 86% of Traders Lost A Total of $ 251 Million, with The Remainder Securing $ 180 Million in Profits.

To Make Matters Worse, It Was Revealed Libra’s CO-CREATOR HAYDEN DAVIS BRAGGED IN Text Messages About His Influence Over Milei Because of Payments He Had Been Making to Karina Powerful Figure in His Government.

Read More: Milei Closes Down Libra Investigative Unit After Shares Findings with ProseCutors

Jamie crawley

Jamie Has Been Part of Coindesk’s News Team Since February 2021, Focussing on Breaking News, Bitcoin Tech and Protocols and Crypto VC. HE HOLDS BTC, ETH AND DOGE.

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Jamie crawley

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