【Crypto Scandal Cleared! Argentine President Milei Acquitted, Truth Behind the Libra Storm Exposed】

When doubts and accusations are rampant, the true judgment carries the most weight. The Argentine Anti-Corruption Office has made a significant statement—President Milei has committed no violations in the promotion of the Libra ($LIBRA) cryptocurrency and has officially cleared the "Crypto Scandal"!

Event recap at a glance:

🔹 Milei previously promoted the Libra token on the X platform in his personal capacity, supporting local small and medium-sized enterprises.

🔹 The token surged to a market value of over $2 billion before plummeting 90%, causing market panic.

🔹 Milei deleted related posts, and the opposition seized the opportunity to attack, even threatening impeachment!

🔹 However, the OA ultimately determined: this action was a personal behavior, with no public power involved, and did not constitute a violation.

Yet, the storm has not completely subsided:

The federal court is still investigating the connection between this incident and several international class-action lawsuits.

Investors from Brazil and the UK have initiated cross-border lawsuits, targeting the project party.

The wallet of Libra co-founder Davis has been frozen by Circle, involving an amount as high as $57.6 million USDC!

Understanding these points is crucial for core players:

1️⃣ The intersection of politics and crypto; any "endorsement" could trigger a capital whirlpool.

2️⃣ The official distancing; the Libra project party may become the next target of intense scrutiny.

3️⃣ Similar projects without transparent structures and compliance backing could trigger a "trust crisis" at any moment.

From Milei's "innocence", we glean not only the self-cleansing of a country's system but also the ongoing escalation of the crypto world’s struggle for credibility and regulation!

Brothers, whether for short-term speculation or medium-term positioning, remember this:—

Not all price hikes are backed by fundamentals, but every crash hides the cracks of human nature and rules.