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Almost a year and a half after the tweet that launched the $LIBRA crypto, the case has no defendants and direct witnesses have not yet been called to testify
AR🏛️ PoliticsProgressive10 hr. ago

Almost a year and a half after the tweet that launched the $LIBRA crypto, the case has no defendants and direct witnesses have not yet been called to testify

Almost 18 months after President Javier Milei promoted the cryptocurrency $LIBRA on February 14, 2025, the judicial investigation into the case has still not identified any suspects or called witnesses who directly witnessed the alleged fraud. On February 3, Judge Marcelo Martínez de Giorgi ruled to exclude five victims who claimed they were defrauded by investing in $LIBRA. The president’s initial tweet promoting the project included a link to 'Viva la Libertad' and an investment contract. A preliminary report from the Federal Cybercrime Unit revealed that Milei posted the tweet just 20 minutes after the creation of $LIBRA, contradicting his claim that he had copied the information from the internet. The report indicated that the cryptocurrency was created by a single wallet belonging to Kelsier Ventures, the company run by Hayden Davis. One of the affected investors appealed against their exclusion as complainants, calling the ruling 'arbitrary.' Milei later deleted the post after the collapse of $LIBRA, which initially saw exponential growth. He then claimed he did not know about the project and stopped promoting it. Critics, including former legislator Maximiliano Ferraro, have

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Perfil logoPerfilIndependentProgressive10 hr. ago
Almost a year and a half after the tweet that launched the $LIBRA crypto, the case has no defendants and direct witnesses have not yet been called to testify

Almost 18 months after President Javier Milei promoted the cryptocurrency $LIBRA on February 14, 2025, the judicial investigation into the case has still not identified any suspects or called witnesses who directly witnessed the alleged fraud. On February 3, Judge Marcelo Martínez de Giorgi ruled to exclude five victims who claimed they were defrauded by investing in $LIBRA. The president’s initial tweet promoting the project included a link to 'Viva la Libertad' and an investment contract. A preliminary report from the Federal Cybercrime Unit revealed that Milei posted the tweet just 20 minutes after the creation of $LIBRA, contradicting his claim that he had copied the information from the internet. The report indicated that the cryptocurrency was created by a single wallet belonging to Kelsier Ventures, the company run by Hayden Davis. One of the affected investors appealed against their exclusion as complainants, calling the ruling 'arbitrary.' Milei later deleted the post after the collapse of $LIBRA, which initially saw exponential growth. He then claimed he did not know about the project and stopped promoting it. Critics, including former legislator Maximiliano Ferraro, have

Bias read (Progressive): The article frames the controversy around President Milei's involvement in the $LIBRA cryptocurrency scandal, highlighting potential legal and ethical implications of his actions. It emphasizes the lack of accountability and the exclusion of victims from the legal process, suggesting a possible bias

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