Argentine Attorneys brought fraud complaints alleging President Javier Milei was involved in a fraudulent LIBRA project. 

Argentine lawyers confirm fraud complaints charges against the South American leader alleging he promoted crypto on personal social media. The charges filed on Sunday, Feb 16, indicated that while President Milei deleted the promotional post captured on X, investors in the LIBRA project lost millions of dollars. 

LIBRA Rug Pull?

The fraud charges allege a rug pull incident since President Milei’s promotion saw the LIBRA crypto surge to over $4 billion in market value following its Friday launch. The accelerated leap was shortlived as the coin crashed spectacularly hours later. 

Political opponents of President Milei brought the charges filed in the Argentine criminal court. The Associated Press publication clarified the charges were backed by the former Argentine Central Bank head, Claudio Lozano. 

The filing identifies the team behind LIBRA as Kelsier Ventures, a crypto

Keep reading this article on E-cryptonews.com.

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