Argentina Clears President Milei of Misconduct in $LIBRA Cryptocurrency Controversy

President Javier Milei has been cleared of ethical wrongdoing by Argentina’s Anti-Corruption Office. The OA ruled that Milei’s promotion of the $LIBRA cryptocurrency, which he promoted on his personal social media account, was a personal action and did not involve public funds or state resources. The report found no link between $LIBRA and any government contracts, procedures, or actions. Despite this ruling, legal proceedings are ongoing as investors sue for losses incurred following the token’s dramatic price drop following Milei’s promotion.