Argentina’s President Faces Fraud Allegations Over Libra Token
- President Javier Milei is accused of fraud related to the ‘rug pull’ of the Libra token.
- Lawyers claim Milei’s withdrawal of support led to a significant loss in the token’s value.
- Milei’s office stated they were unaware of the project’s details, treating it like other local ventures.
- No formal charges have been filed yet; prosecutors will decide on pursuing the case soon.
- On-chain research suggests a connection between Libra and Melania tokens based on wallet similarities.
President Javier Milei is under scrutiny for allegedly causing a ‘rug pull’ by retracting support for the Libra token, leading to its devaluation. Prosecutors are considering whether to pursue formal charges.
Source (2.6)https://www.coindesk.com/markets/2025/02/17/javier-milei-faces-charges-in-argentina-over-usdlibra-ap?rand=52298
