15 Mar, 23:24··

Argentine court finds $5M crypto scam link to Milei

El País

Argentine President Javier Milei is facing scrutiny and investigation for his alleged involvement in promoting a cryptocurrency scam, $Libra. A document suggesting a $5 million agreement for his support was found on a businessman's phone, matching suspicious transactions.

The investigation has intensified as opposition lawmakers demand Milei's testimony before Parliament, accusing him of complicity. A parliamentary commission is delving into the case, with the commission's president emphasizing that all involved parties will be held accountable by both the justice system and Congress. The scandal resurfaced due to new press revelations, prompting deputies to push for a reactivation of the parliamentary investigation.

Summarized from the sources above. Read the originals for the full story.

Highlights

Five million dollar agreement

A presumed agreement worth five million dollars for Milei's support of the $Libra project was found on a businessman's phone.

Opposition calls for testimony

Opposition lawmakers have called for President Milei to testify before Parliament regarding the $LIBRA crypto scam.

Parliamentary investigation

A parliamentary commission is investigating the $LIBRA case, with the president of the commission stating that those involved will have to answer to both the justice system and Congress.

Resurfaced scandal

New press revelations have brought back a cryptocurrency scandal involving President Milei, who promoted $LIBRA on X in 2025.

Accusations of complicity

Some opposition members are accusing President Milei of complicity in the $LIBRA crypto scam.

Perspectives

Sources agree
  • Javier Milei is under investigation for promoting $Libra cryptocurrency.
  • A presumed agreement worth five million dollars was found.
  • Opposition lawmakers are calling for Milei to testify.
Sources disagree
Nature of Milei's involvement

Milei is accused of complicity in the scam.

El Mundo

Milei is under investigation for promoting the scam.

El País, RFI

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Timeline

5d 3h span
12 Mar, 16:2417 Mar, 19:48
corruptionpoliticsinfrastructureaviationfinance