Argentina’s corruption watchdog has cleared President Javier Milei of wrongdoing over the LIBRA scandal, saying the post was made while acting in a personal capacity.
Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision.
In a June 5 resolution, the Anti-Corruption Office said Milei was acting in a personal capacity when he endorsed the Libra (LIBRA) token in a Feb. 14 X post, and therefore, Milei did not violate Argentina’s federal ethics laws for public officials.
The decision is significant as Milei’s endorsement supposedly contributed to investors losing a combined $251 million, prompting members of the opposition party to call for Milei’s impeachment.
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