Argentinian president Javier Milei faces indictment calls – and legal action accusing him of fraud – about his promotion of cryptocurrency on social networks.
Milei posted on X, formerly Twitter, about the $ Balance piece on Friday, which, according to him, would help finance small businesses and start-ups.
He shared a link to buy it, causing the price. But in a few hours, he deleted his post and the cryptocurrency took place, losing investors most of their money.
Some members of the Congress opposition say they plan to start the procedures to dismiss Milei. Meanwhile, lawyers filed fraud complaints before the Argentinian criminal court on Sunday.
Some online people have accused Milei of what is called a “carpet traction” – where the promoters of a cryptocurrency draw in buyers, only to stop the negotiation activity and carry out with the Money collected by sales. They stressed that the link used to buy parts has referred to a sentence that the president uses in his speeches.
But The Argentina presidential office said on Saturday That the decision to remove the position to avoid “speculation” after the reaction of the public to the launch of the cryptocurrency.
He said Milei was not involved in the development of the cryptocurrency and that the government’s anti-corruption office would investigate and determine if someone had acted badly, including the president himself.
Jonatan Baldiviezo, one of the complainants who put a legal action, told Associated Press “the crime of fraud was committed, in which the actions of the president were essential”.
Milei’s political opponents jumped on this opportunity.
Former President Cristina Fernández de Kirchner, who is now in opposition, was strongly critical, calling him “crypto“In a post given 6.4 million times.
For its part, the main opposition coalition of the country declared that it would make a request for indictment from the president, appeal “”Unprecedented scandal“.
Esteban Paulón, member of the Socialist Opposition Party, said in an article on X that he would also ask for the start of the dismissal procedure.
