EddieJayonCrypto
18 Feb 25
Argentina's President Javier Milei denies promoting the LIBRA meme coin, stating he only disseminated the project. He expressed meeting Hayden Davis, the CEO of LIBRA's market maker, and his belief that the coin could help Argentine entrepreneurs. Milei admitted to deleting the tweet endorsing LIBRA...
President Milei denies promoting the LIBRA meme coin, claiming he only disseminated the project. He mentioned meeting Hayden Davis, the CEO of LIBRA’s market maker, and expressed belief in the coin's potential to help Argentine entrepreneurs. However, Milei admitted to deleting the tweet endorsing LIBRA and emphasized that only a few Argentinians lost money due to the scandal. He addressed criminal complaints, potential impeachment, and the involvement of US prosecutors. Milei explained that his initial tweet endorsing LIBRA aimed to support Argentine entrepreneurs by providing access to funding for startups. He clarified that only a few Argentinians, mostly American and Chinese traders, experienced losses. He denied misleading investors, acknowledged his lack of cryptocurrency expertise, and highlighted his meetings with Hayden Davis. Kelsier Ventures, associated with the LIBRA meme coin, was revealed as the main entity behind its promotion. Milei met Davis at the Argentina Tech Forum in October 2024 and decided to share the project due to his passion for technology. Milei assured the public of his good faith and commitment to continue acting transparently. Since the scandal, over 100 criminal complaints have been filed against Milei and others involved. US prosecutors have been informed of potential jurisdiction over the case, implicating Davis, an American citizen, who admitted to unlawful actions. Milei instructed the Office of Anti-Corruption to investigate potential government involvement and emphasized that all market activity is recorded on the blockchain.