[Trending News] Milei, about the $ Libra scandal: “If you go to casino and lose money, what is the claim?”

He who opted and lost, to assume the consequences. This is life, Javier Milei must have thought, which on Monday denied any responsibility in the $ Libra scandal, the cryptocurrency that shot in his price after his purchase recommendation and collapsed hours later, leaving a layout of victims. Those affected, he said, are “hyperspecialists” who “knew very well what they were entering.” “They are volatility operators, none ignored what was happening. If you go to Casino and lose money, what is the claim? ”He said in a long interview recorded on Monday in his office of the Casa Rosada. If someone lost money betting on $ Libra is facing “a problem among private,” he said. “I did not promote it, I just spread it. I am a technophanatic and that project was to finance those who are entrepreneurs and who do not have access to the formal market. It seemed like an interesting tool. When the pound project is made public, I disseminate it, ”it was justified.

On Friday night, Milei called to invest in $ 3.8 million followers in X. The price passed in minutes from zero to 4.7 dollars (4.5 euros) and the global value of the cryptocurrency climbed up to 4.5 billion dollars. But, suddenly, the few wallets concentrating most of the tokens (digital assets) They withdrew 90 million dollars and the $ Libra collapsed in minutes. The warning that was before a possible scam known as rug pull (carpet pull, in English), which consists of inflating an artificial asset to attract investors and flee just in time to keep the profits of the unsuspecting. The play needs, to be successful, of a celebrity that promotes the crypto, in this case Milei, and that generates trust among investors.

Milei took four hours to withdraw the promotional message of $ Libra. “He was not internalized from the project,” he justified when he finally did. This Monday, he said he deleted his message because he saw “that all kinds of negative comments are generated” about $ Libra. “Faced with the doubt, I took the tweet,” he explained.

On Saturday night, one of those responsible for $ Libra, American businessman Hayden Mark Davis, of Kelsier Ventures, blamed Milei for the abrupt fall of the price for removing his support for the project. This Monday, Milei said that he acted “in good faith”, convinced that Davis and his partner in the launch, the CEO of Kim Protocol, Juilian Peh, just wanted to help small Argentine businessmen. In any case, he held the victims responsible for having lost money “as in the casino.”

“For wanting to give a hand to those Argentines who need financing, I ate a slap. Did the State lose? Nothing. And there should be no more than five affected Argentines, the rest are Americans and Chinese, ”he said. He showed like this, without saying, that he had been deceived, and that from now on he will raise “a wall” to make it more difficult to reach him.

“If I look at the miserability of politics, I say: 'Well, I have something to learn.' I assumed the presidency and remained the usual Milei. It was accessed as when I was not president, but I have to lift the filters, it cannot be so easy to reach me. From now on, it will be a matter of lifting walls, ”he said. Peh, the CEO of Kip Protocol, contacted Milei last October during a technological event organized by Mauricio Novelli, promoter of investment courses that had the president as a teacher during his stage as a deputy, in 2021. Last January, Milei received in The Rosada Casa to Davis, a partner of Peh and responsible for providing technological infrastructure to the project. Milei said it will be the judges who determine if those people “lay him a bed”, that is, if they cheated him.

The Argentine Justice received on Monday a complaint that accuses the president of integrating an illicit association, of fraud and breach of the duties of a public official for violating the Public Ethics Law. A similar complaint came to the United States Department of Justice and the Federal Office of Investigations (FBI). The Moyano & Asociados Legal Study asked to investigate Milei for mass fraud. And he pointed against Davis, Novelli and his partner in Argentina, the Spanish Manuel Terrones Godoy, as alleged perpetrators of “criminal operations.” According to the letter presented to the United States authorities, none of the companies that promoted $ LIBRA are registered in the US stock and values ​​commission (SEC, for its acronym in English) or authorized to act as brokers on behalf of investors in Argentina. The complaint argues that the $ LIBRA launch operation could have violated several US laws.

Milei, in any case, faces the worst political crisis since he assumed power, in December 2024. The scandal ends with the infallibility aura that has been attributed as a defender of freedom and leader of “the forces of heaven” in His world crusade against “communism.” In the best case, Milei was scammed. The Kirchner opposition has already advanced that it will promote a request for political trial, while the most moderate ones are formed for now with a investigative commission. “I have nothing to hide. Mine was pure impetus, ”said the Argentine president on Monday.

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