In his X account, Vanoli said: “The facts according to my experience of presiding over the CNV (National Securities Commission) from 2009 to 2014. A KIP protocol operator launches a token called Libra. It is operated by few virtual wallets. In the exchango from the Outdoor Solana to operate. President Milei praises and encourages Libra by making a purchase recommendation. Note that the president did not clarify that his sayings are not a purchase recommendation as if they clarify it by covering various operators“
“The price of the token quintupple its value in hours, in the middle a market value of US $ 45 billion evaporates and there are victims. After Milei posts, the value of the Token reaches the maximum and then there are massive withdrawals in five operators for almost US $ 100 million“He added.
“They must investigate the use of privileged information”
Under this framework, the economist warned that “There is a possible crime of fraud” But that “justice and CNV must investigate possible use of privileged informationmarket manipulation art. 308 and 309 of the Criminal Code and Transparency Regime of the CNV, in addition to unauthorized intermediation and/or irregular public offering, which Change the severity of the crimes is whether it is proven that Milei relatives/linked operated the cryptotoken and benefited with it Or it was simply “recklessness” to copy something similar that Trump’s family launched before accessing the presidency. “
“In the ‘Purchase recommendation’ the key is whether Milei is not suitable for CNV or a registered agent. Outside that the CNV and justice investigate and sanction this possible scam although CNV thinks in a questionable way that a token is not a value negotiable, because it is not a currency for the BCRA that are the cryptoactive? What happened is serious and made so can affect the general public in the future if there are no exemplary sanctions“He added.
Finally, it established that “the capital market law and the Criminal Code that were modified in 2012 so that Argentina is qualified as a country of high standards of financial regulation and transparency for both iOSco (International Securities Regulator) and GAFI (agency Global Antilavado) give all legal tools to protect the investor and penalize fraud that affect financial stability. A country that wants to receive investments must have legal certainty and active regulators to guarantee transparency and legality“
Axel Kicillof lashed out against Javier Milei for the crypto scandal and accused him of being part of a “multimillion -dollar scam”
He Governor of the Province of Buenos Aires, Axel Kicillofhe published a message on his social networks where he expressed a tough criticism against President Javier Milei in the middle of the controversy for the promotion of the president of the controversial cryptoactive. “Yesterday, Javier Milei He was promoter and part of a multimillionaire fraud, by X (extwitter) and the view of the whole world. Those who enriched themselves in millions of dollars acted in combination with him, although he later said he had been deceived. “
“This is not precedents. It is a typical pyramidal scam with cryptocurrencies And there are a lot of people from here and other countries that was deceived, “he shot.
In addition to the president, Kicillof also pointed against the rest of the assembly of freedom progresses, which he also held responsible for what happened. According to the Peronist president, Milei was “promoter of a multimillionaire scam“Although he said later”who had been deceived“. In this regard, he explained:” His post He was set for 3 hours in his profile and was retweeted by Martín Menem, Espert and all libertarian tweeters“
“Being a candidate he had done something similar and the scammers are imprison Coinx case A cryptocurrency platform that became known for the promotion of Milei – while occupying a position as a deputy – and was denounced by alleged scam maneuvers with the “pyramidal” scheme. In the case there were four detainees: two in Buenos Aires territory and the remaining ones in Santa Fe jurisdiction.
The governor of the province of Buenos Aires described what happened as “Very very serious“And he explained that”Milei has to explain before the country and before justice who are the scammers and who benefited“
“It has to be clear if he and his surroundings are among the scammers. The president of Argentina was part of a world scam. It is a scandal and a shame. But, above all, it is a crime,” he concluded.
Source: Ambito
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