After the Libra debacle yesterday, Argentina President Javier Milei ordered an investigation. The objective here is to shed light on the wrongs and possible crimes of each actor when launching the same.
Argentina is investigating the launch of Libra
This weekend, the same Libra was talked about after his collapse, While the Argentinian president Javier Milei briefly promoted it before removing his tweet. After that, speculations went well concerning the scope of the involvement of the person concerned, while quickly, it appeared that a company called Kip Protocol was behind this questionable launch.
It was in this context that this night, the president's office announced that Argentina opened an investigation to try to determine everyone's responsibilities. Thus, the anti-corruption office was seized by Javier Milei, and it will have to shed light on a possible “inappropriate conduct from a member of the national government, including the president himself».
In addition, a working and survey group has been specially created:
On the other hand, the president of the nation decided to create an investigative work unit (UTI) within the presidency of the nation, made up of representatives of organizations and organizations with powers linked to cryptoactives, financial activities , money laundering and other related areas, which will integrate their information in order to launch an urgent survey concerning the launch of $ Libra cryptocurrency and all companies or people involved in this operation.
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Yesterday we also pointed out that Julian Peh, the CEO of Kip Protocol, had met the Argentinian president last October. In its press release, the president's office explains that it was at this point that the “Viva La Libertad” initiative was initially presented to Javier Milei.
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On January 30, Javier Milei then met a certain Hayden Davis, who was to provide “Technological infrastructure»From the project. On X, the latter has just published a letter, in which he explains that his mission was to “ensure that the token had sufficient volume“, And that the presidents of the president would have guaranteed him that he would provide his continuous support throughout the launch.
While the same has taken the turn that we know, Hayden Davis argues that the abolition of Javier Milei's tweet caused “A wave of panicked sales». However, it should be recalled that at that time, the Libra price had already dropped 90 % from its highest.
According to him, the entourage of the president tried to reject the wrongs on the CEO of Kip Networkin order to clear this one with his responsibilities:
To my surprise, Milei then published a statement indicating that her withdrawal was due to an alleged disbeliever from the project promoters, qualifying them as crooks. I categorically reject this allegation and wish to emphasize that Julian Peh, founder of Kip Network and the main sponsor of Libra Token, is completely innocent of any mischief.
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While the next few days could be particularly instructive concerning this case, Libra has taken up 43 % since yesterdayand now exchanges at $ 0.4.
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Sources: X
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Since 2021, I have devoted my free time to seriously train myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to carry out interviews with influential personalities from the blockchain industry. I also conduct in -depth analyzes on web3 themes to offer exclusive content to cryptoast readers.
Vincent Mayor
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