What is the main investigation being launched against Argentine President Javier Milei regarding his cryptocurrency endorsement?
The Argentine government has launched an investigation into potential fraud allegations against President Javier Milei related to his endorsement of a little-known cryptocurrency called dollar libra. After Milei posted about this cryptocurrency on social media (before deleting the post), its price soared dramatically before crashing, causing significant losses for investors. What makes this particularly problematic for Milei is that the government has specifically stated they will be investigating the president himself to determine if there was any fraudulent activity involved in this case. While impeachment isn't necessarily imminent, this investigation could have serious implications for his presidency if evidence of wrongdoing is discovered.
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Investigation into Cryptocurrency Fraud Allegations
BBC News·8 months ago