PANews reported on November 21 that, according to The Block, the Argentine Congressional Investigative Committee released its final report on the LIBRA token collapse, accusing President Javier Milei of providing "key assistance" to the project and recommending an assessment of whether he committed negligence. The report states that Milei promoted LIBRA on social media, after which the project's associated wallets cashed out $107 million, resulting in losses for over 110,000 users. The investigation also found that he endorsed the KIP protocol and the NFT project "Vulcano," indicating that the government systematically bypassed regulatory agencies. Milei denies any wrongdoing, and related judicial investigations and class-action lawsuits are ongoing.PANews reported on November 21 that, according to The Block, the Argentine Congressional Investigative Committee released its final report on the LIBRA token collapse, accusing President Javier Milei of providing "key assistance" to the project and recommending an assessment of whether he committed negligence. The report states that Milei promoted LIBRA on social media, after which the project's associated wallets cashed out $107 million, resulting in losses for over 110,000 users. The investigation also found that he endorsed the KIP protocol and the NFT project "Vulcano," indicating that the government systematically bypassed regulatory agencies. Milei denies any wrongdoing, and related judicial investigations and class-action lawsuits are ongoing.
An Argentine congressional report states that President Milei provided "critical assistance" in the LIBRA project.
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PANews reported on November 21 that, according to The Block, the Argentine Congressional Investigative Committee released its final report on the LIBRA token collapse, accusing President Javier Milei of providing "key assistance" to the project and recommending an assessment of whether he committed negligence. The report states that Milei promoted LIBRA on social media, after which the project's associated wallets cashed out $107 million, resulting in losses for over 110,000 users. The investigation also found that he endorsed the KIP protocol and the NFT project "Vulcano," indicating that the government systematically bypassed regulatory agencies. Milei denies any wrongdoing, and related judicial investigations and class-action lawsuits are ongoing.
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