Argentina Anti-Corruption Office Clears Milei Libra
The Argentine Anti-Corruption Office determined that President Javier Milei did not breach presidential duties by promoting the Libra memecoin, stating he acted in a personal capacity. Milei's endorsement on February 14 allegedly led to investors losing $251 million, prompting calls for his impeachment. The Libra token initially reached a $4 billion market cap but later crashed by 94%. The office clarified that no public resources were used and that Milei has expressed personal opinions on social media since 2015. Despite this ruling, a federal criminal court continues to investigate Milei's involvement in the scandal. Critics argue that the investigation was inadequate. Polling data indicated a decline in Milei's approval rating following the incident, dropping from 47.3% to 41.6%.
