The political scandal involving Argentine President Javier Milei in a case involving cryptocurrencies cast light on his nearest counselor and guardian: his sister.
Hayden Davis, a key figure behind the token Libra-who fired and then plummeted on Friday night after Milei promoted him in X-boasting in a text message to another investor that he was paying Karina I CUILI so that the president did what he wanted, according to separate reports from Tuesday of the renowned Argentine newspaper The nation and the website about the cryptocurrency industry Coindesk. Davis, who did not respond to multiple requests for comment, denied the Coindesk that had made payments to the president.
It was also Karina who first met in the presidential palace with the local cryptocurrency consultant Mauricio Novelli, who later introduced his brother to several of the parties involved in Memecoin, reported the The nation No Sunday.
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The fall of the token and the government’s unsuccessful attempts to recover the narrative have become the biggest scandal that the libertarian has faced since taking power over a year ago. First, it enraged a multitude of investors and then affected the market. Argentine assets faced more volatility on Tuesday, with sovereign titles performing worse than emerging markets. However, the stock market rose 6% after falling a similar amount the day before.
An aide from Karina Milei redirected the request for commentary Bloomberg For Milei’s main spokesman, who refused to comment on the reports.
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Davis recognized in an interview with Barstool Sports On Monday he had made money with the pound and was looking for ways to correct the situation. He described the situation as an unsuccessful release.
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Davis stated firmly believing that Milei is not corrupt and said the money from the venture belongs to people from the Argentine president’s team or whom he “thought to be from Milei’s team.”
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Milei also vehemently denied knowing that her influence could make unsuspecting investors lose money quickly.
But this is all that Malei and Davis seem to agree. The two offered conflicting reports about what happened.
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Although both sides have confirmed that Milei met Davis more than once in Buenos Aires, the Argentines minimized the relationship and denied that Davis had or has any connection with the government. Davis, in turn, described herself as a president of the president who was working with him in a “tokenization.”
Milei’s attempt to dissipate the situation fell on Monday night, when the local news network All news Accidentally transmitted an open microphone moment when journalist Jonatan Viale allowed Milei’s advisor, Santiago Caputo, to interrupt the interview and omit a question. The apparently manipulated interview only attracted more negative attention to the scandal.
Karina Milei, whose official role is secretary general, quickly emerged as the president’s most powerful counselor, accompanying him in meetings with Donald Trump and other world leaders abroad while lobbying for congressional reforms.
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Contrary to the prolific use of social networks by President Milei, Karina Milei never talks to the press and rarely speaks in public outside the campaign rallies. Both are scheduled to arrive in Washington on Thursday, where they can meet Trump on the fringes of a conservative political event.
Karina is not only Milei’s main counselor and strategist, but also her guardian. “Talk to Kari” is one of the most common phrases used in the president’s circle when it comes to accessing Milei himself.
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In reflecting on his conclusion from the Memecoin fiasco, Milei quoted the level of access to him and his sister.
“We decided that obviously we can’t keep living as before and allow everyone to have access to us so easily,” Milei said in Monday’s TV interview. “Unfortunately, we have to understand that our role needs to have filters.”
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