Milei scandal grows with promotion of cryptocurrency

Argentina’s president, Javier Milei, wrote in X about the $ Libra cryptocurrency, suggesting that it was positive for the growth of small and medium enterprises. Your post was at 19:01 and within minutes the unknown cryptocurrency multiplied its value, to collapse soon after. Milei eliminated his post only at dawn on Saturday, after the devaluation of $ Libra.

At first, it was speculated that your X account could have been hacked. But he told Bloomberg that he was the author of the message himself. When the promotion came to be widely questioned on social networks, political sectors and the press, Milei said he was not very deeply aware of cryptocurrency and attacked opposition, re-calling her “filthy rats” and “caste”.

On Sunday, individual actions and in courts were started, questioning the president for disrespect for the Code of Public Ethics and for losses to those who, like others, did not leave the business before the amount of $ Libra.

The case generates a political earthquake and a series of questions about Milei’s posture by promoting a case of financial speculation. The Argentine court returns, on Monday, from its vacation. At the same time, Kirchnerism, Milei’s main opponent, intends to gather support for a CPI in the House of Representatives for the president’s impeachment. The party of former President Macri, Pro, in turn, also asked the case to be investigated, but maintains support for Milei. The president determined the scandal’s investigation, which is in the focus through the firm to combat corruption. Several questions arise in recent hours, such as the reasons they would have led Malei to promote a cryptocurrency, their bonds with the industry company and their branches and their participation in events organized by those who are now also in the eye of the hurricane. With the difference that, in Milei, involve the word and the presidential investiture.

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