The prestigious American newspaper The New York Times He dedicated an extensive article to the scandal that wraps President Javier Milei After the promotion of Cryptocurrency $ Libra. The media indicates that the Argentine president “has caused a political storm when promoting a unknown cryptocurrency token that increased its value after its support and then quickly collapsed.”

According to the article, Milei published Friday on social networks that the currency would help “stimulate the economy and grow small businesses.” However, the boom Initial was followed by an abrupt fall of the value of the asset, which generated suspicions about a possible scam.

The president eliminated his publication five hours later and took distance from the project. “I was not familiar with the details of the project,” he said later in X. “After informing me, I decided not to continue spreading it (that’s why I eliminated the tweet).”

On Saturday night, from the official account of the Presidency, the matter was attempted by minimizing it as a simple “promotion of a business.” However, the same statement announced the opening of an investigation to determine whether any member of the Government – including Milei himself – acted in an inappropriate manner and if those responsible for the currency violated the law.

He New York Times He also points out that Milei received criticism for encouraging “people to invest in a risky asset”which earned him comparisons with Donald Trump, who recently launched his own cryptocurrency, $ Trump, with a similar evolution in the market.

Finally, the medium highlights the political reaction in Argentina: “A center -left coalition that opposes the Libertarian Government of Milei described its incursion into the crypto world as ‘an unprecedented scandal'”. In addition, another opposition block seeks the formation of a commission in Congress to investigate the case.

By rn

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