Argentina’s Anti-Corruption Office: Javier Milei’s Libra tweet was a personal act and did not violate public morality regulations
Odaily News Argentina's Anti-Corruption Office (OA) said that President Javier Milei acted in his personal capacity when promoting LIBRA and did not violate the country's public ethics regulations. The investigation report stated: "The promotional posts were not related to administrative actions, no public resources were allocated, and no institutional support was obtained. They should be interpreted as personal or private communications and did not generate any form of official public policy direction."
Javier Milei initially promoted the Libra cryptocurrency on his personal X account as a way to support small businesses and startups in Argentina. But he deleted the post after the token's market value plummeted 90% from its peak of more than $2 billion. The resulting scandal, dubbed "Cryptogate" by local media, led opposition politicians to call for Javier Milei's impeachment and triggered a lawsuit filed by the country's lawyers representing losing investors. Javier Milei asked the Argentine Court of Auditors (OA) to conduct an investigation to "determine whether there has been any misconduct by any member of the national government, including the president himself." (The Block)
