Key Takeaways
- President Javier Milei clarified he merely shared information about $LIBRA, not actively promoting it.
- Milei met with Hayden Mark Davis for developing financing for entrepreneurs but denies extensive investor impact.
Share this article
Argentine president Javier Milei is defending himself amidst accusations of fraud and calls for impeachment following his promotion of the $LIBRA token. Speaking during an interview with Jonatan Viale on TN’s “¿La Ves?” on Monday, Milei claimed he simply shared information about the project rather than actively promoting it.
“I didn’t promote it, I shared it,” Milei explained. “I did it because I’m a fanatical techno-optimist.”
“I acted in good faith and I got slapped,” Milei said, addressing the controversy. He maintained that the incident affected only a small number of Argentines, with most investors being Chinese and American.
The president revealed he met Hayden Mark Davis at Casa Rosada in October 2024, who proposed creating a financing structure for entrepreneurs lacking traditional funding options. “When the Libra thing became public, I spread the word,” Milei said.
Regarding the affected investors, Milei disputed claims of widespread impact.
“It is false that 44 thousand people are affected: at most there are 5 thousand,” he said. “Those who entered there knew the risk well: they are volatility traders.”
He denied government involvement in the operation but warned that “if the justice system determines otherwise, heads will roll.”
This is a developing story.
Share this article