Storm in Argentina President Javier Milei. An article on X, which will lose money from thousands of protectives. The facts dates back to February 14, when he published an article that invites the followers of the president of Argentina to invest in the $ book crypto currency.
The Post presented the coin as an opportunity to finance small businesses and initiatives, and that it would be an impulse to the national economy. “Liberal Argentina is growing !!!” But things went differently.
Effects on the collapse of the value of the coin and the financing of savings
Of course, Mlei’s words had the influence: the value of the crypto currency leaped to $ 4.7 and then collapsed in a dizzying way for $ 0.19 in a few hours. According to estimates, approximately 40,000 investors lost a large amount and the total damage exceeded $ 100 million.
Faced with increased anger and fraud charges, Milei broke silence on Monday evening during his interview with Todo Notmeras. “I didn’t introduce, I just explained. He also stressed that the collapse of the value of those who invest in voluntaries and the value of the coin will be a question between private individuals: “If you go to casinaya go to the casina, what if you know that you have them, what is the complaint? Features?”.
Possible judicial investigation into Javier Milei
The question, however, opened the public debate and led to an investigation by a Federal Judge who examined whether the case would be structured as a “carpet” or whether it can examine a kind of scam type. The crypto currency attracts investors by raising the price and then suddenly retracts and leaves the receivers with assets with NULL value.
Presidential spokesman Manuel Adorni strongly rejected speculation about possible tangent or ethical irregularities and called them “ungrateful and aggressive”. He also said that he would not be dismissed among the authorities and that there was no proof of crimes. Even Economy Minister Luis Caputo minimized the story, and the meeting in Washington in the next few days by declaring that the case does not affect the negotiations with the International Monetary Fund (IMF) planned by Milei.
Meanwhile, the financial storm released by the scandal had echoes in the Argentine markets: the country’s risk increased by 27 points, while the main S&P Marval stock index made a strong decline on Monday and healed the next day with a higher increase. More than 6 %.
Source: Today IT
Karen Clayton is a seasoned journalist and author at The Nation Update, with a focus on world news and current events. She has a background in international relations, which gives her a deep understanding of the political, economic and social factors that shape the global landscape. She writes about a wide range of topics, including conflicts, political upheavals, and economic trends, as well as humanitarian crisis and human rights issues.
