After the escalation of the crypto scandal, President Javier Milei ordered the intervention of the Anti -Corruption Office (OA) and creation a research unit To clarify what happened. He did it through a statement where, in addition, he denied any link with the businessman and creator of $ Libra, Hayden Davis.
“By virtue of the facts, President Javier Milei has decided to give intervention immediately to the Anti -corruption office (OA) so that Determine whether there was improper conduct by any member of the National Government, Including the president himself, “the president’s office published.
The President Javier Milei He surprised this Friday by publishing a message on his social networks, promoting a cryptocurrency called $ libra, an unusual action for a head of state and that aroused doubts among users. After the announcement, the cryptocurrency experienced an initial fury, reaching a peak of US $ 4,978, and then collapsed au $ 0,99159 dollars in a few hours.
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The president’s office reports that on October 19, President Javier Milei held an encounter with the representatives of KIP Protocol in Argentina in which the company’s intention was told to develop a project called “Liva La Libertad” for…
– President’s office (@opragentina) February 16, 2025
This rise and loud fall generated a capital scandal, with questions of much of the political arch, including a request for political trial against the president who will propose from Peronism. The magnitude of the incident forced the president to play strong to try to clarify the doubts and take off from any possible scam.
This is why, in addition, the official statement announced that “The President of the Nation has decided to create a unit of research tasks (UTI) in the orbit of the Presidency of the Nationcomposed of representatives of the organs and agencies with competences linked to cryptoactives, financial activities, money laundering, and other related areas, which will integrate their information in order to initiate an urgent investigation regarding the launch of the $ LIBRA cryptocurrency and all the companies or people involved in said operation “.
“All information collected in the investigation will be delivered to justice to determine whether any of the companies or people linked to the KIP Protocol project committed a crime“, says the statement, at the same time that the president” is committed to the due clarification of this fact until the last consequences. “
The government denies the link with businessman Hayden Davis
The businessman Hayden Davis, President of Kelsier Ventures, creator and responsible for the launch of the Token $ Libra, appeared this Saturday night to try to clarify what happened with the cryptomeme of the scandal. In a video broadcast on social networks, he said be “Javier Milei advisor”. The president denied him, although he admitted that he had a meeting with him.
According to the president’s office, “On October 19, President Javier Milei held an encounter with the representatives of Kip Protocol In Argentina in which the company’s intention was told to develop a project called ‘Live La Libertad’ to finance private ventures in the Argentine Republic using blockchain technology. “
In that framework, On January 30, 2025, the president held a meeting at Casa Rosada with businessman Hayden Davis, “Who, as expressed by KIP Protocol representatives, would provide the technological infrastructure for their project,” they said in the statement. This would be the only link between Javier Milei and Davis
“Mr. Davis did not have or have any link with the Argentine government and was presented by the representatives of KIP Protocol as one of its partners in the project“The presidential statement said.
Source: Ambito

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