ChainCatcher news, according to Bloomberg, Argentine President Milei arrived in the U.S. capital on Thursday, seeking a breather from the cryptocurrency turmoil that continues to unfold, nearly a week after he promoted a meme coin on the X platform, which caused its price to soar and then quickly crash. This visit to the U.S. was planned well in advance, and its timing is just right to help Milei refocus on his economic achievements within his political circle.He plans to meet with Musk, will speak at the Conservative Political Action Conference, and will also meet with International Monetary Fund (IMF) President Kristalina Georgieva to seek to solidify an agreement aimed at boosting Argentina's economy.

ChainCatcher news, according to CoinDesk, Libra token co-founder Hayden Davis claimed in a text message last December that he influenced presidential decisions by bribing Argentine President Javier Milei's sister, Karina Milei, stating, "I gave his sister money, and he signed as I wanted, acted according to my requests."It is reported that Karina Milei is a key figure in the Milei government, currently serving as the Secretary General of the Argentine Presidency, and is the sister of the current Argentine President Javier Milei.In response, Hayden Davis's spokesperson Michael Padovano stated that Davis does not recall sending such a message, and there is no record of the message being sent on his phone.Davis stated in a declaration: "Recent media reports have claimed that I paid President Javier Milei or his sister Karina Milei to launch the Libra memecoin, which is completely false. I have never paid them any fees, nor have they requested any payment from me. Their only concern is to ensure that the benefits of Libra can help the people and economy of Argentina."

ChainCatcher news, according to Jinshi reports, Argentine President Milei's spokesperson Adorni stated that considering Milei's involvement in bribery while promoting cryptocurrency is an "insult," and the government currently does not plan to dismiss any officials due to the cryptocurrency scandal.

ChainCatcher News: About 8 hours ago, U.S. President Trump posted a photo of Argentine President Javier Milei on his social platform Truth Social, quoting his remarks on monetary policy: "If printing money can eliminate poverty, then printing diplomas can eliminate stupidity."

ChainCatcher news, Argentine President Milei stated on a television program: "I acted in good faith, and the result was a setback. Did the country lose? No. Did Argentinians lose? At most four or five. The vast majority of investors are Chinese and Americans.I share this information just like I have shared hundreds of things before. My tweet was sent three minutes after the creation of the currency because I am passionate about these matters and I understand them. These people are volatility traders who know what they are doing.Saying that 44,000 people were affected is false; at most, there were only 5,000. The likelihood of Argentinians being involved is very small. These are all very professional people in this type of financial instrument. Those who participated are very clear about the risks they are taking ------ they are volatility traders. This is a private matter between individuals, and they participated voluntarily.I did not promote LIBRA; I merely shared information about LIBRA. I did this because I am a firm technological optimist. Any initiative that can improve financing for tech entrepreneurs attracts me. I did not make a mistake because I acted in good faith. But when I saw the consequences, I realized that I still have a lot to learn. I need to understand that after becoming president, I must still act as I did before. Unfortunately, this situation made me realize that I need to raise my standards and not be so easily accessible."

ChainCatcher news, Argentine President Milei forwarded the LIBRA token purchase tutorial, LIBRA briefly surged past $0.7, with a current market cap of $580 million.The LIBRA token purchase tutorial was originally tweeted by Argentine economic and political commentator Dario Epstein on his X account.ChainCatcher reminds that the price of this token is highly volatile, please be aware of the risks.

ChainCatcher news, according to Polymarket data, Argentine President Javier Milei is facing significant political backlash due to the failure of the LIBRA project. Currently, there is a 20% chance that he will lose the presidency within this year, and this probability is rising.

ChainCatcher message, encrypted KOL EnHeng said: "The Argentine president's token Rug event has harmed many people. As a university student, I deeply understand the feeling of this blow. To help affected friends, EnHeng has decided to donate $50,000 and will accept donations through the BSC address for sponsoring the EnHeng charity dinner."Binance founder Zhao Changpeng responded, saying, "Support! I sponsor 150 BNB (around $100,000, based on BNB)."

ChainCatcher news, according to Bloomberg, it remains unclear how Milei will be affected by the ongoing LIBRA scandal with 10 months to go before the midterm elections in Argentina. The opposition quickly threatened to take legal action and initiate impeachment proceedings, but progress on impeachment is unlikely due to the need for a two-thirds majority in Congress.The main center-right party of former market-friendly president Mauricio Macri, who supports Milei's reforms, has expressed disappointment so far but rejected the Peronist opposition's attempts to remove Milei.Pollsters indicate that Milei may still avoid significant political costs as inflation is declining, wages are rising, and the economy is growing. His approval rating has hovered around 47% for months, while all other political parties in Argentina have lower and more fragmented support. However, this incident has once again raised concerns about his sometimes erratic personality and decisions.Meanwhile, Milei will travel to Washington this week, hoping to meet with Trump and gain his support to secure more funding from the International Monetary Fund for Argentina, while a new plan is still under negotiation, and Argentina may also receive tariff exemptions from Trump.

ChainCatcher news, LIBRA's main sponsor KIP Protocol issued a response to the "official statement from the Argentine Presidential Office regarding the issuance of LIBRA tokens": "Mauricio Novelli is not a member of the KIP team; Novelli is the founder of Argentina Techforum, and KIP sponsored him in October 2024. KIP Protocol has never met with Argentine President Javier Milei in January 2025."Previous news, this morning the Argentine Presidential Office issued a statement stating that President Javier Milei met with KIP Protocol's representative in Argentina on October 19 last year. Attendees included KIP Protocol company representatives Mauricio Novelli and Julian Peh, as well as presidential spokesperson Manuel Adorni.

ChainCatcher message, the KIP Protocol official stated on platform X, "The Viva la Libertad project aims to assist private enterprises in Argentina, and the LIBRA token has also achieved some success. To address unnecessary issues: we want to clarify that this is a private enterprise project, and President Milei was not involved in the development of this project, as he himself mentioned. This is a completely private enterprise project."

ChainCatcher news, Argentine President Javier Milei posted on the X platform: "A few hours ago, I posted a tweet, just like I have done many times before, supporting a so-called private company, but clearly, I have no relationship with that company. I do not understand the details of the project, and after learning more, I decided not to continue spreading that message (that is why I deleted the tweet)."

ChainCatcher news reports that, according to Ember monitoring, insiders of the Meme token LIBRA, allegedly issued by the President of Argentina, have profited at least 20.18 million USD.Three wallet addresses prepared USDC and SOL funds through exchanges such as Binance, Bybit, and KuCoin hours before the official tweet was released, and bought LIBRA immediately after the tweet was published.These addresses invested 1 million, 1.1 million, and 500,000 USDC respectively, purchasing approximately 10.41 million LIBRA, and sold in batches after the price increased, totaling a profit of about 20.18 million USD.

ChainCatcher news, according to Bitcoin.com, Argentine President Javier Milei announced his government's plan for the second year in office. Milei discussed key issues, including tax cuts, which will reduce national tax revenue by 90%, easing the burden on Argentinians and allowing provinces to set their own taxes.In addition, Milei also announced a plan to implement free currency circulation in 2025, enabling Argentinians to conduct business in the currency of their choice, including Bitcoin.