Oh, the scandal that has swept through the hallowed halls of Crypto Town! A new cryptocurrency, $LIBRA, has caused quite the stir, and it seems our dear President Javier Milei has found himself embroiled in a rather unsavory affair.
In a daring display of digital derring-do, Milei promoted the $LIBRA token through his X account, claiming it would boost the economy and support local enterprises. Alas, the token’s price soared to a dizzying $5.00, only to come crashing down, losing over $4.4 BILLION from the market due to its legitimacy concerns.
Realizing his faux pas, Milei hastily deleted the X post and clarified that he was not associated with the project. “I was not aware of the details of the project and after having become aware of it I decided not to continue spreading the word,” he said, no doubt with a heavy heart and a rueful smiley 😔.
But the damage was already done. The internet was ablaze with outrage, and President Milei, ever the gallant knight, ordered a probe into the $LIBRA token launch. The Office of the President reported that the initial promotion of the coin was a regular business endorsement aimed at creating jobs, getting investments, and economic welfare.
In a twist worthy of a Wildean play, the President has decided to immediately engage the Anti-Corruption Office (OA) to investigate whether any member of the Government, including the President himself, was involved in the LIBRA’s scam and its launch. A special Investigation Task Unit (UTI) will be created, consisting of members with authority over areas like cryptocurrencies, financial transactions, and money laundering.
The task force aims to investigate the launch of the $LIBRA cryptocurrency and investigate all the companies or individuals connected to it, including the KIP protocol. KIP protocol, for its part, has debunked the allegations and declaimed its involvement in the cryptocurrency launch.
And so, dear reader, we find ourselves in the midst of a most intriguing drama, where the lines between endorsement and scandal are blurred, and the fate of $LIBRA hangs in the balance. Will our intrepid President Milei emerge unscathed, or will he find himself entangled in the web of cryptocurrency intrigue? Only time will tell…
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2025-02-16 22:03