The government minimizes the crisis for the crypto scam of Milei, but evidence grows

The one that happened was a weekend that freedom progresses would prefer not to have lived. The president accumulated more than 100 complaints for the multimillion -dollar scam with cryptocurrencies that had him as the protagonist and faces several requests for political trial in Congress, where a investigative commission could also be formed. From the Casa Rosada they did the impossible to minimize the internal crisis, but the magnitude of the evidence of the participation of Milei and its closest circle – among them their sister – in a possible fraud, which had repercussions even internationally, overflowed So far any official explanation about what happened. This Sunday two testimonies were added that made the scandal grow: that of Charles Hoskinson, one of the most influential references in the crypto world who assured that close to the government made a request for coimas to organize a meeting with the president, and that of Hayden Mark Davis, founder of Kelsier company that promoted the Cryptocurrency $ Libra, who said he was an advisor to Milei and that the Argentine president «supported and actively promoted the project.» From the closest environment to the president they deny any type of responsibility, and when they are consulted by Hoskinson’s statements they say: «Let the complaint make.»

On Sunday night in the ruling they were waiting nervously, the opening of the markets the next day, and confirmed that the president will give the first interview after the scandal on Monday at 8:00 p.m. Meanwhile, in the afternoon, pretending that nothing happened, Karina Milei and the Minister of Economy, Luis «Toto» Caputo, led an act of affiliation to the party in the Buenos Aires neighborhood of Palermo (see separately). In the Government they repeat that the acts of the president will have no consequences and celebrate a post that the head of the IMF Kristalina Georgieva made together with the deregulation minister Federico Sturzenegger, in which he assured that he had had an «excellent meeting» with him.

From the ruling party, while they are still looking to reduce the matter, they are thinking strategies to gain time. One of them would be to announce a «traceability of those who bought crypt.» However, experts in the field ensure that «that would be impossible.» All possible explanations complicate the government: o Javier Milei knew what he was doing and decided – providing his position as president of the nation – to be part of a scam to thousands of people, many of them his most staunch followers; or admits a deep ignorance on a very important economic issue – by playing its reliability -; Or accept that there were spurious handling by their environment that, in search of doing business, could have taken a risk of great proportion for the government and for the president himself.

The first response they gave from Casa Rosada after the scandal was that the president «was not internalized from the details of the project», and that, after having «internalized» he decided not to continue disseminating him and that is why he erased the tweet. On Saturday night, however, from the X account of the «president’s office», they published a more extensive text in which, in principle, they had to admit that on October 19 Milei – and the presidential spokesman Manuel Adorni – They held an encounter with the representatives of KIP Protocol in Argentina, Mauricio Novellli and Julian Pehen, who had supposedly told him «the company’s intention to develop a project called ‘Liva La Libertad’.» This was based on the Public Hearing Registry.

Then they had to admit another meeting, this time at Casa Rosada on January 30 of this year, between President and Hayden Mark Davis, founder of Kelsier. «As expressed by KIP Protocol representatives, Davis would provide technological infrastructure for their project.» Admit that there were these two meetings, in itself, denies the first message of the president in which he said he was not internalized in what he shared on Friday night.

From Lla they said that sharing was part of a «daily» practice that he has «with many entrepreneurs who want to launch a project in Argentina to create employment and get investments.» And, in an attempt to separate him from the scam, they stressed that «it was not part in any instance of the development of cryptocurrency.»

Finally, in the statement designed by the advisor Santiago Caputo, they added that Milei decided to «immediately give the anti -corruption office (OA)», and create «a unit of research tasks in the orbit of the presidency of the nation ». They added that it would be composed of representatives of the organs and agencies with competences linked to cryptoactive, financial activities, money laundering, and other related areas, and that the work will be to “initiate an urgent investigation regarding the launch of the $ LIBRA cryptocurrency and all the companies or people involved in said operation », to deliver that information to justice.