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Argentinian lawmakers support an investigation into President Milei's alleged involvement in the Meme coin Libra scandal.
PANews, April 9 – According to Cointelegraph, members of the Argentine Chamber of Deputies support investigating President Javier Milei's alleged involvement in the Libra (LIBRA) Crypto Assets scandal. The investigation proposal was passed with 128 votes in favor, 93 against, and 7 abstentions. Previously, the proposal failed to advance in the Senate. Before this news broke, Milei had promoted the Meme coin LIBRA on social media. With the credibility of government officials and 3.8 million followers, the price of this token quickly rose to $5, and its market value briefly touched $4 billion. Subsequently, Milei faced allegations of misconduct. Critics claim that LIBRA is a "rug-pull" scam, and that Milei deceived investors into participating. Lawyer Jonatan Baldiviezo, along with Marcos Zelaya, engineer María Eva Koutsovitis, and former Argentine Central Bank president and economist Claudio Lozano, filed a lawsuit against Milei, accusing him of fraud.