The Argentine Chamber of Deputies approved an investigation into President Milei regarding the Libra meme coin incident

2025-04-09 13:48:09
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ChainCatcher news, according to The Block, the Argentine Chamber of Deputies has passed three bills to officially launch an investigation into President Javier Milei and related officials' involvement in the Libra meme coin controversy. The coin was issued by Kelsier Ventures in February, and Milei publicly promoted it on the X platform, claiming it would support local entrepreneurial projects. Subsequently, the coin's price surged to a market value of $2 billion before plummeting over 90%. Milei later denied any knowledge and withdrew his support, while the opposition called for impeachment. The prosecution has requested Interpol to issue a red notice for the project's CEO, Hayden Davis.

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