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Argentine President Javier Mairi faces fraud charges after promoting the $LIBRA token, reports

According to the Associated Press, Argentine lawyers filed charges in criminal court on Sunday, alleging that Mairi's promotion of $LIBRA on social media constituted an illegal association for the purpose of committing fraud. They claimed it was an unlawful association.
As part of that unlawful association, the crime of fraud was established in which the president's actions were significant, said Jonathan Valdivieso, one of the attorneys who filed the charges. The plaintiffs, who include Mr. Valdivieso, lawyer Marcos Zelaya, engineer Maria #Eva Koutsovitis and former central bank governor Claudio Lozano, describe the case as a tug-of-war.
They are accused of violating public ethics laws in Argentina.
On Saturday, Reuters reported that opposition lawyers were considering initiating impeachment proceedings against President Miriu. Opposition lawmakers, including MP Leandro Santoro, have called the case a scandal and demanded accountability.
the next steps in the criminal process will be determined on Monday. Either a judge will be appointed or the case will be referred to the prosecutor's office.
Miley promoted $LIBRA through X on Friday, allegedly as part of Project Viva La Libertad, a #cryptocurrency initiative aimed at funding small businesses and startups. introduced it as. Hours later, after the token's value dropped 85%, he withdrew his support and admitted to a lack of due diligence.
Miley clarified that he had nothing to do with the project's team and criticized his political opponents for taking advantage of the situation.
On Saturday, the Presidential Office said that Miley had confirmed that Miley and government officials met with representatives of the project developer, KIP Protocol, at the Presidio. The Presidio said that the Anti-Corruption Bureau would investigate and report its findings to the judiciary.

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