BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Argentina’s Anti-Corruption Office Clears President Milei in LIBRA Memecoin Scandal
Argentina’s Anti-Corruption Office Clears President Milei in LIBRA Memecoin Scandal
20
1
Argentina’s Anti-Corruption Office has exonerated President Javier Milei of any legal violations in his promotion of the LIBRA memecoin earlier this year. The office determined Milei acted as a private economist, not a public official, when endorsing the cryptocurrency on social media. No state procedures or contracts tied to LIBRA were identified.
Despite the clearance, investigations continue in Argentina, the US, and Spain. Argentina’s lower house voted in April to form a commission probing the scandal, though the ruling party has stalled progress. The LIBRA controversy remains a flashpoint for regulatory scrutiny in crypto markets.
By:
Previous
Chainlink LINK Approaches Critical Breakout as Volatility Contracts
Next
South Korea Proposes New Crypto Bill with Stablecoin Licensing Rules
