The Anti -Corruption Authority of the Argentina justified President Javier Milei in the "Cryptogate" scandal
The Argentine Anti -Corruption Authority decided that the introduction of President Milei's Libra crypto currency was not within the public office and did not constitute an ethical violation. The criminal investigation of the scandal continues.
🧾 OA: “Personal sharing does not have a public policy.”
Argentine President Javier Milei was ethically released from political and legal pressures that started after the sharing of crypto money from his personal X account in February.
The country’s Anti -Corruption Authority (OA) stated that this sharing is a personal communication and that it will not be considered an official state activity:
“This sharing has no connection with public resources, it is not based on any institutional support and does not have a public policy forming.”
💥 “Cryptogate” scandal: 90 %depreciation and impeachment calls
Milei announced that he introduced Libra Token in order to support small Argentine small businesses ”. However, when Token’s market value decreased from 2 billion dollars to 90 %, it was called “Cryptogate” by the media.
The opposition wanted Milei to be dismissed after this incident, while lawyers representing investors filed collective cases. Despite these pressures, Milei demanded an ethical investigation into him.
🧊 Criminal case continues: Wallets in the USA are frozen
Despite OA’s decision, the scandal is not fully closed. The federal criminal investigation in Argentina is still ongoing. In addition, Argentina, including investors from the United States and the UK, the international collective lawsuit has been moved to the court.
In this process, two wallets of Hayden Davis, one of the names behind Libra, were frozen by Circle with the decision of the New York Southern Regional Court of New York Southern Regional Court.
👥 Is family connection? Milei’s sister is also in the file
In the investigation files, Milei’s sister was allegedly in contact with the Libra team. In May, when a judge wanted to see the bank accounts of Milei and his sister, the relevant state investigation unit was closed by MILEI. The government defended this step by saying, “The unit completed the task”.
📌 Conclusion: Bureaucratic laundering, political shadow
Although Javier Milei is now officially justified in terms of ethical rules, the political and criminal reflections of the incident seem to continue. Argentina public opinion continues to carefully monitor the relations and fund movements behind the Libra promotion.
