They will investigate Milei and his cabinet for promoting cryptocurrency linked to scams

Argentina’s Anti -Corruption Office (OA) He will investigate President Javier Milei and members of his cabinetat the request of the Head of State, after promoting a cryptocurrency in his social networks with possible links to virtual scams.

“President Javier Milei has decided to immediately intervention to the Anti -Corruption Office (OA) so that Determine whether there was an improper conduct by any member of the National Government, including President himself ”said the president’s office in a statement.

The OA is a decentralized entity, but dependent on the Executive Power under the Ministry of Justice, directed by Mariano Cúneo Libarona, and its headline Alejandro Melik was a minister’s partner when he exercised as a defense lawyer.

Milei decided to create a research task unit (UTI) to investigate ‘$ Libra’ -The digital currency that he advertised- together with all the companies or people involved in his operation.

The UTI, which will be under the orbit of the president, will be composed of representatives of organisms linked to cryptoactives. As well as financial activities, money laundering, and other related areas.

«All the information collected in the investigation will be delivered to justice to determine whether any of the companies or people linked to the KIP Protocol project committed a crime,» they added in the document.

‘$ Libra’, the cryptocurrency that Milei promoted in its networks

According to the presidential office, the representatives of the KIP Protocol company had a meeting with Milei on October 19. There they told him the idea of Develop a project called «Long live freedom». This with the intention of financing private ventures in the country using block chain technology.

“Of that meeting, which was duly settled in the Registry of Public Hearings, the President of the Nation participated. Also the representatives of the KIP Protocol company, Mauricio Novelli and Julian Peh; and the presidential spokesman, Manuel Adorni”, They listed.

On January 30 of this year, Milei met at Casa Rosada – session of the Executive – with businessman Hayden Mark Davis, who, according to Kip Protocol, would provide the technological infrastructure for this cryptocurrency project.

“Mr. Davis did not have or have any link with the Argentine government. And it was presented by the representatives of KIP Protocol as one of its partners in the project, ”said the statement.

From Casa Rosada they established that the Argentine president shared the publication of the launch of ‘$ Libra’ in his «personal accounts.» But that was not «part in any instance of the development of cryptocurrency.»

After repercussions, Milei decided to eliminate the publication to avoid dissemination. But in the hours it took, the demand for cryptodivisa exploded. Its price inflated, moved millions, its initial investors withdrew the money obtaining about 87.4 million dollars and collapsed.

Both Kip Protocol and Davis issued statements in their social networks, where they transferred guilt of what happened to each other. Although the latter accused Milei’s team against Julian Peh to avoid assuming responsibility for what happened. EFE