Crypto $LIBRA: Argentine Parliamentary Report Calls Milei’s Promotion an Alleged Scam


17h05 ▪
4
min read ▪ by
Eddy S.

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In February 2025, Argentina experienced an unprecedented episode: its president, Javier Milei, promoted on X a crypto named $LIBRA. A few hours later, the price collapsed, leaving thousands of investors stranded with estimated losses of 400 million dollars. A parliamentary committee has just concluded an “alleged scam“.

Javier Milei, the Argentine president, accused by parliament of alleged fraud in the $LIBRA crypto scandalJavier Milei, the Argentine president, accused by parliament of alleged fraud in the $LIBRA crypto scandal

In brief

  • An Argentinian parliamentary report concludes that there was “alleged fraud” in the promotion of the $LIBRA crypto by…

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