#LibraCoinArgentina #LibraCoinScandal
Argentina Launches Investigation into LIBRA Crypto Scandal
Congress Approves Inquiry Measures
Argentina’s lower house of Congress has approved a series of resolutions to investigate the LIBRA cryptocurrency scandal. A special investigative committee will probe the collapse of the token and possible involvement of top officials, including President Javier Milei.
Key Votes Passed
Special Committee Formed: Approved with 128 votes in favor.
Top Officials Summoned: Economy Minister Luis Caputo, Chief of Staff Guillermo Francos, and others called to testify (131 votes in favor).
Info Request on LIBRA: Congress demands detailed data from the Executive Branch (135 votes in favor).
Diverse Political Reactions
Opposition members called for accountability and transparency.
LLA party members, aligned with President Milei, criticized the move as political interference.
Debates highlighted tensions between legislative oversight and judicial authority.
Legal Pressure on LIBRA Creator
Haydone Davis, founder of LIBRA via Kelsier Ventures, faces legal action in Argentina and abroad.
An Interpol Red Notice has been requested.
U.S. law firm Burwick Law is suing for investor compensation.
Background
The LIBRA token collapsed after attracting significant investments, raising concerns over financial misconduct and regulatory failure.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice.