Argentina President Javier Milei was fired by the sudden collapse of an electronic cryptocurrency he promoted, in a move that triggered the lawsuits and calling for his impeachment.
Milei is facing more than 100 complaints Against him in the country's Supreme Court, accused him of participating in a fraudulent allegedly related to $ Libra cryptocurrency, which opposing politicians estimated to have led to losses. Finance for 40,000 people.
On February 14, the Argentine leader Posted a message on his X accountThere are 3.8 million followers: “Argentina freely developed! This private project will be reserved to encourage the development of the economy of Argentina, funding for companies and small joint ventures of Argentina. . The world wants to invest in Argentina.
In a few minutes, $ Libra has shifted from a percentage value to $ 4.97 per unit. But unfortunately for investors, this walk is short. Within a few hours, it dropped to $ 0.19.
Now, prosecutors will determine whether there are enough factors to move forward with a criminal investigation against the president and other suspects possible.
Milei was charged with increasing currency price by promoting it on X, and then withdrew his support, causing cryptocurrencies to collapse.
Former Argentine President Cristina Kirchner stated that Milei was a cryptocurrency fraud of Muslims, In a long article on x In it, she also accused him of turning the country into a casino that he was relatives.
The president must go to the National Assembly. He could not investigate himself, politician Esteban Paulon, a member of the opposing social party. On X calls for the impeachment of Milei.
Milei has ever been away from this collapse, declaring that he has not benefited from Memecoin.
A few hours ago I posted a tweet, because I had done countless times before, about private initiatives seeking to contribute to the development of our country. I have no relationship with the company that created this cryptocurrency and I did not receive any benefits. IN A statement on xThe official account of the Argentine President's Office said: Giving the truth, President Javier Milei decided immediately related to the Anti -Corruption Office (OA) to determine if there was an incorrect behavior about any incorrect. Which member of the Government, including the president.
Entrepreneur Hayden Mark Davis, one of the $ Libra cryptocurrencies, also blamed Milei for the collapse.
His group (Milei) guaranteed his public support when he debuted and guaranteed me that his support would continue throughout the process, the US investor said in a statement. Dad was given by his company, Kelsier Ventures. Despite the previous commitments, Milei and his group unexpectedly reversed their position, withdraw their support and eliminate all the previous authentication in the commune media. The assembly, Mr. Davis Davis stated that this failure would cause panic when selling the notification code.
It is important to realize that memecoin investments are motivated by trust and authentication. When Milei and their groups delet their posts, investors bought the notification code, based on their trust in that testimony, feeling betrayed.