The Argentine president has set up a working group to investigate LIBRA-related parties and asked the anti-corruption office to intervene

Odaily News The Argentine Presidential Office issued a statement on LIBRA on October 19: “On October 19, President Milley met with representatives of KIP Protocol in Argentina, where he was informed of the company’s intention to develop a project called Viva la Libertad to use blockchain technology to finance private enterprises in the Argentine Republic.
The President attended the meeting, which was officially recorded in the Register of Public Hearings, along with KIP Protocol company representatives Mauricio Novellli and Julian Peh and presidential spokesman Manuel Adorni.
In this context, on January 30, 2025, the President held a meeting at the Casa Rosada with Hayden Mark Davis, who, according to representatives of KIP Protocol, will provide the technical infrastructure for his project. Davis, who has no past or present relationship with the Argentine government, was introduced by KIP Protocol representatives as one of the partners in the project.
Finally, yesterday, the President shared a post on his personal account announcing the launch of the KIP Protocol project, as he does every day with many entrepreneurs who want to launch projects in Argentina to create jobs and obtain investments. Since he is not involved in the development of any cryptocurrency, after the reaction to the launch of the project, in order to avoid any speculation and not to spread it further, he decided to delete the post.
In light of the facts, President Milley decided to immediately request the intervention of the Office of the Anti-Corruption (OA) to determine if there was any wrongdoing by any member of the national government, including the President himself.
On the other hand, the President decided to set up an Investigative Task Force (UTI) within the Presidential Palace, composed of representatives of institutions and organizations related to crypto assets, financial activities, money laundering and other related fields, who will integrate information and conduct an urgent investigation into the launch of LIBRA and all companies or individuals involved in the above-mentioned actions.
All information gathered during the investigation will be turned over to the courts to determine if any company or individual associated with the KIP Protocol project committed a crime. President Milley has demonstrated his commitment to the truth by his actions and is committed to getting to the bottom of this matter until the final results are known.”