The repercussions of the collapse of Cryptocurrency $ quickly turn into a complete political and legal crisis in Argentina. In the midst of that, President Javier Millie, whose general support for the distinguished symbol earlier this year is now under intensive auditing. What has started as a promotion of the cheerful coin may roam in origins, criminal complaints, and questions that reach the highest levels of government. The Crypto Argentina scandal is a lesson on how to enhance political approvals and harm daily investors.
The judge freezes the assets, the inner circle goals
Judge Maria Serfini allowed freezing on the origins of many individuals associated with the release and promotion of $ Libra. This includes Mauricio Novili, Manuel Terons Godoy, and Sergio Morales, who are believed to have played major roles in pushing the project to the public. Servini did not stop there. She also raised the protection of banking secrecy on the accounts belonging to President Miley and his sister, Kareena Miley, who is the Secretary -General of the Presidency.
On Friday, the fourteenth, Argentina President Millie is tweet $ Libra COIN, his followers encourage his purchase on the basis that they “will help financing small companies and startups.” As if it was not enough, he shared a link for people to buy it online. Of course, within a few … pic.twitter.com/bc0i1e0sj1
Yanis Varoufakis (Yanisvaroufakis) February 19, 2025
The goal of the court is to follow the money. Investigators are trying to determine whether anyone in the inner circle of Melly has benefited financially from the short boom of the currency before its sudden crash.
Code a promoted presidential noise
$ Libra was launched on February 14 with a stir. On the same day, President Miley posted on social media praising the distinctive symbol, which led to a wave of investor’s attention. The price rose quickly when he bought thousands, assuming that Millie’s support gave the legitimate project. But within days, the price drunk, Many of the retailers who hold the bag left.
Evidence now indicates some of the first informed who sell their property before decline. This has led to the strengthening of doubts about the pump scheme, coordinated discharge and the effects of serious concerns about the abuse of the general impact to achieve special gains.
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The political reaction is based quickly
It is not surprising, that the scandal caused the elimination of the political scene of Argentina. More than 100 fraud complaints against Milei have been submitted, and opposition lawmakers publicly discuss the dismissal. Congress has made an official investigation, and critics say the president used his platform to attract citizens in a financial trap.
Millie’s approval categories have achieved success, and what was previously the high -energy management, which is led by abroad, is now facing accusations of treason and incompetence. The scandal began to overwhelm his agenda on his policy and threaten to take his presidency completely.
Legal troubles are spread beyond Argentina
The controversy is not limited to local courts. According to what was reported, international law firms prepared the semester cases on behalf of investors from abroad, Argentina who have lost money on the balance $. At the same time, American law enforcement agencies, Incurred Federal Bureau of Investigation and to divide to justice, It was notified. If financial misconduct crosses borders or is violated by international financial laws, this issue may grow greater.
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Argentina $ Libra Crypto Scanal: A difficult lesson in encryption and politics
The consequences of $ Libra are formed to be one of the most prominent encryption scandals that reach Latin America. It is also a reminder of what can happen when political power meets speculative origins. For investors, it is a warning story. For politicians, it is a warning: playing with the encryption by noise comes with severe consequences in the world.
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Main meals
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Argentina President Javier Millie was shot after he publicly supported $ Libra, which is now associated with fraud and the freezing of assets.
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The federal judge freezed assets and raised banking secrecy on the accounts associated with Millia and his sister, as part of a wider financial investigation.
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Evidence indicates that the early budgets have sought their symbols after Milei’s public support raised a rise in prices, which raised fraud concerns.
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More than 100 fraud complaints were submitted against Miley, as Congress fired investigation and opposition leaders discussing the dismissal.
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It may follow international legal procedures, as American investors and authorities discuss whether the scale plan is $ Violating across borders.
The post -Argentina president appeared in the $ Libra scandal for the first time on 99bitcoins.
