Argentina’s congressional report claims Milei’s promotion of LIBRA preceded $107M withdrawals affecting over 114,000 investors, and links him to KIP Protocol’s post-launch liquidity drain under investigation in Argentina and New York.
Argentina’s congressional committee has accused President Javier Milei of key involvement in the LIBRA token collapse, alleging his promotion occurred before $107 million was withdrawn, impacting 114,410 investors. The report further connects Milei to the KIP Protocol, which experienced a liquidity drain after its launch, prompting legal proceedings in Argentina and New York. These incidents have intensified judicial scrutiny of Milei’s ties to blockchain projects.