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Briefly
- In February, Argentine President Javier Milei promoted the scales of scales meme.
- After the token with headquarters in Solana crashed in value, more research has been launched.
- The Corruption Office in the country ruled that President Milei had not made a mistake.
The Argentine Unit against Corruption cleared President Javier Milei for his involvement in the debut of scales The same cornerAccording to the Court on Friday, although a criminal probe is still underway.
The office said that the president was acting in a personal capacity when he announced earlier this year about the crypto currency and concluded that there was no injustice.
President Milei in February advertised Libra on x (earlier Twitter), saying that the curine currency could benefit from Argentina.
LIBRA peak for $ 4.50 after debut before it fell by 90% to below .50 USD, according to On the Crypto Analytics Dexcreener platform, which encourages investors of accusing developers behind it to launch a pump and deposits scheme.
Token, which raised about $ 1.1 billion in the store in a few hours of launch, is currently traded around $ 0.03.
Under the political pressure of the opposition party, the Corruption Office began with a probe, along with others, claiming that Milei abused his position in promoting the scales.
President Milei last month dissolved Body – Investigation Working Group – it is set to investigate it. The criminal investigation studies similar accusations that Milei had benefited from starting meme coins.
Meme coins are digital tokens that are often based on online culture or jokes. They are unstable and often crash strongly after they have paid for value because investors quickly enter their positions.
Subsfera of the crypto space made titles in January after President Trump introduced meme coin –Official Trump-On Saltworks Blockchain in front of his inauguration.
President Milei – Who conquered On a map for repairing the economy in the country that was inflated-it was explored for promoting the crypto projects.
Before he was president, investors sued Milei 2022 for the Coinx Revelation, a crypto investment platform that promised a huge user return on Instagram.
The Argentine Government’s corruption department did not immediately respond DecipherQuestions.
Edited by James Rubin
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