Argentine presidential candidate Javier Milei is facing new accusations of fraud related to the collapsed $LIBRA cryptocurrency token. A congressional commission has linked him and his sister, Karina Milei, to the alleged scam after a probe that suggests their promotion contributed to the token’s rapid rise and subsequent collapse. A recent report by lawmakers in Argentina’s Chamber of Deputies highlights evidence suggesting political responsibility for the scheme. 24 hours after launch, investors saw an estimated loss of $100 to $120 million in value after the token plummeted. The case is further complicated as a previous investigation cleared Milei of ethical violations by Argentina’s Anti-Corruption Office (OA). However, this renewed accusation and evidence from federal judge Marcelo Martínez de Giorgi’s recent asset freeze order targeting key figures connected to $LIBRA have reignited the controversy. Further details remain under investigation, with authorities seeking to recover lost funds and uncover any potential money laundering schemes.