The fallout from Argentine President Javier Milei’s involvement in a crypto scandal has expanded, now implicating his sister and closest adviser, Karina Milei. Allegations have surfaced that she was directly approached by those behind the controversial Libra memecoin, which skyrocketed and then collapsed after Milei endorsed it on social media.
The Argentine Government explained Tuesday that Justice Minister Mariano Cúneo Libarona would not be stepping down to defend President Javier Milei in the so-called $LIBRA cryptofiasco. Instead, the Anticorruption Office as well as judiciary authorities would handle the investigations into the case, Spokesman Manuel Adorni said. “He is the Minister of Justice and is devoted to his specific functions in the Ministry,” Adorni stressed about Cúneo Libarona. Regarding Milei's legal counseling, he admitted that the team was yet to be appointed.
Video footage of an advisor - believed to be Santiago Caputo - cutting President Javier Milei's interview with Jonatan Viale to have some inconvenient parts removed was leaked through X late Monday. “It can cause you a judicial mess,” Viale admits as he agrees to the interruption while the head of State sought to explain his side of the $LIBRA cryptocurrency scandal on TN in a friendly environment. The controversial part of the interview was aired live through YouTube.
Weathering the storm against all odds, Argentine President Javier Milei blamed nobody and took full responsibility for his mistake in the so-called “cryptocurrency” scandal in which he endorsed the $LIBRA asset only to see it lose over 95% of its value in just a few hours after the head of state's posting. “I got a slap in the face,” he reckoned. It had been speculated that Milei was to blame an advisor for his or her poor judgment and then sack him or her as a scapegoat.
Argentine President Javier Milei is under heavy flak after praising the $LIBRA cryptocurrency token, which would boost the country's development from the private sector, only to vanish into thin air after many investors trusted in the advice of the head of State, who is also a graduate economist.
Argentine President Javier Milei has admitted to promoting the $Libra cryptocurrency, which skyrocketed in value before crashing within hours, leaving investors with heavy losses. Milei later deleted his post and claimed he was unaware of the project’s questionable nature.
Argentina's Administrative Investigations Prosecutor’s Office (PIA) has identified “serious irregularities” in the bidding process for the concession of the Paraná-Paraguay waterway, a crucial trade corridor for the region. The waterway is essential for exporting agricultural products from Argentina, Brazil, Bolivia, Paraguay, and Uruguay to the Atlantic.
Argentine President Javier Milei said his interview with the local TV station A24 was sabotaged. They tried to replicate the tricks of the 2023 campaign, argued the wary head of state, who also sacked Argentina's Ambassador to the Organization of American States (OAS) after her father contended that the current exchange rate between the peso and the US dollar was 20% behind. The Libertarian leader said those remarks were shameful and stupid.
Argentine President Javier Milei has signed the decree ordering the key cargo railway Belgrano Cargas y Logística S.A. line privatized, Presidential Spokesman Manuel Adorni confirmed. President Javier Milei has just signed the decree that initiates the process of total privatization of the Belgrano Cargas y Logística S.A. company, he wrote on social media. The Argentine State will cease to be the operator of the cargo railway services and all its infrastructure: rolling stock, tracks, workshops, and real estate, Adorni also noted.
Argentine President Javier Milei announced Thursday that he intends to hold World Health Organization (WHO) Director Tedros Adhanom Ghebreyesus accountable “for crimes against humanity” given the measures recommended and adopted during the Covid-19 pandemic. Earlier this week, the South American country left the WHO, thus following in on US President Donald Trump's steps.