Javier Milei accused of fraud with cryptocurrencies

by Andrea
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Javier Milei accused of fraud with cryptocurrencies

Juan Ignacio Roncoroni / EPA

Javier Milei accused of fraud with cryptocurrencies

Javier Milei, new president of Argentina

A group of Argentine lawyers filed a criminal complaint against Javier Milei on Sunday, accusing fraud the president of Argentina for promoting a cryptocurrency on his social networks.

On Friday, mercy published a message on a social network about the $LIBRA – A currency that, according to the Argentine President, aims to “encourage economic growth by financing small companies and developing companies”.

The message was erased by a few hours later and the Currency value entered into collapse.

According to site financial, this movement around cryptocurrency caused Millions of dollars in losses to your brief investors.

The currency, developed by KIP Protocol e Hayden Daviscould be obtained by accessing a connection that directed users to a site Called, referring to the phrase with which Milei ends speeches and messages on his social networks.

The president’s office guaranteed, in a statement released this Saturday, that Milei is not involved in any stage of the development of cryptocurrency and decided to remove the message to avoid speculation and limit more exposure, after the reaction of the public to the launch of the project.

What crimes can be in question?

The accusation presented by four lawyers and politicians against the Argentine president is “Criminal Association”, “Burlas” and “Violation of the Duties of a Public Officer”.

In the judicial document, which was made public by the complainants themselves on social networks, Milei is accused of participating in a alleged blow that affected more than 40 thousand people with losses over $ 4 billion.

The complaint is also against the entrepreneur and CEO of Kip Protocol, Julian Pehwhich developed cryptocurrency; Hayden Mark Davisrepresentative of Kelsier Ventures, who provided the technological infrastructure necessary for $ Libra; as well as other possible involved that may arise during the investigation.

Javier Milei will give an interview this Monday at 21h (24h of Lisbon), to give clarification to Argentines about $ Libra.

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