President Milei Gets Absolved: No Infringement Found in Libra’s Promotion

The Anti-Corruption Office (AO) found that President Javier Milei did not violate any ethics laws with his involvement in the promotion of Libra, a meme coin launched in February.

Investigation Finds President Milei Did Not Break Ethics Laws by Promoting Libra

One of the first investigations into Argentina’s President Javier Milei’s involvement in the Libra incident has been concluded. The probe, ordered by Milei’s administration a week after the launch and the subsequent price debacle of the token happened, found that the Argentine leader did not break the “Ethics in the Exercise of the Public Office” law after promoting the launch of Libra using his social media account.

Explaining the reasoning behind this decision, the Anti-Corruption Office states that, given Milei used his personal account to share info about Libra’s launch, it considers Milei acted as a private citizen without leveraging his position as Argentine President.

In this regard, the document assessed that personal accounts on social media “cannot be considered channels for disseminating information or official decisions of the State simply because they are used by public servants.”

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