Milei denies crypto fraud allegations – World

People sit in a restaurant as Argentina”s President Javier Milei is seen on television during an interview, in Buenos Aires, Argentina, February 17, 2025. [Photo/Agencies]

BUENOS AIRES — Argentine President Javier Milei on Monday denied promoting a cryptocurrency that crashed, costing investors billions of dollars and prompting a flood of complaints, as prosecutors prepared an investigation into the scandal.

A judge was nominated on Monday to investigate allegations of fraud against Milei, who distanced himself from the scandal and said he acted in good faith.

Milei and his office denied involvement with creators of the $LIBRA cryptocurrency, saying he initially drew attention to it on Friday as…

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