Argentina’s Judge Orders Review of President Milei’s Financial Dealings in Libra Token Scandal

The move is part of an ongoing investigation into Milei’s involvement with the $LIBRA token project. Federal Judge María Servini, overseeing the case, is probing Milei’s financial ties and those of his associates, including his sister, Karina Milei.

Milei’s Ties to the Libra Project

According to local news outlet, Judge Servini requested the central bank to unseal the bank accounts of President Milei and his sister. Karina Milei is reported to have been in contact with some of the co-founders of the $LIBRA token project ahead of its launch, raising suspicions of potential financial connections.

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The Fallout of the Libra Token Collapse

The launch and subsequent crash of the Libra token has become a major scandal in Argentina, referred to as “CryptoGate” in the media. Milei faces increasing pressure, including calls for impeachment and fraud charges, after initially promoting the new crypto asset and later revoking his support. The token’s sharp decline in value has caused significant losses for investors, adding to the controversy.

The post Argentina’s Judge Orders Review of President Milei’s Financial Dealings in Libra Token Scandal appeared first on Coindoo.