Milei releases cryptocurrency, value fires and falls shortly after

by Andrea
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President of Argentina may be investigated for alleged fraud; Then he said he decided to fail to disclose the initiative

Argentine president Javier Millei (La Libertad Avanza, right) promoted a cryptocurrency in an X (former Twitter) publication. After publication, the $ pound value fired, but fell quickly.

In the publication, now erased, Milei says the asset was a “Private Project” to “Encourage the growth of the Argentine economy, financing small companies and Argentine enterprises”.

According to the agency the value of cryptocurrency has reached US$ 4.978 after the publication of the president of Argentina. Before, it was just cents. After the discharge, the $ pound value plummeted.

The maneuver was the subject of criticism directed to the ultraliberal by alleged fraud. Mililei can be investigated by Congress of the country.

After the movement, Milei retreated and said on the social network that “I was not aware” details about cryptocurrency and that “after being intended“, Decided not to continue spreading the cryptocurrency. Denied having binding with the initiative.

To the filthy rats of the political caste that want to take advantage of the situation to do harm, I mean that every day you confirm how low the politicians are and increase our conviction in taking them to kicks [do poder]”He said in a publication on X.

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