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Argentine President Milei Shutter's Task Force, who examines the Libra Meme -Münzkandal

Short

  • The Argentine President Javier Milei promoted a meme coin in February.
  • The token based in Solana rose before the crash of value and led to an investigation.
  • But the government has scraped a body that was commissioned to investigate the Argentine leader.

The Argentine President Javier Milei has scraped a body that is commissioned to investigate his role in February Controversy Libra (Libra) Meme Coin Start.

Documents published On Tuesday, the government's website show that the body was dissolved in a step approved by Javier Milei. According to the website, the Task Force had completed its investigation – but there were no further details from the public.

President Milei was in February Punch With criminal charges according to advertising A Meme coin Call the scale that he said that she would benefit Argentina. His government founded an investigative task force to examine potential misconduct after political pressure.

There was turmoil from the opposition and the citizens after the publication of the Solana– -based scales; The coin hit value before it crashed hard. Some investors and industry observers claim that the start is a pump-and-dump scheme.

A criminal investigation is still taking place.

In the world of crypto, Meme coins are digital coins that are usually based on internet culture, jokes or people and events in the news. Thousands of these assets are shaped and published on a few days, and very few manage to achieve a significant value. Less Hold this value.

President Milei contested any misconduct after the start. Decipher The government reached a comment, but did not immediately receive an answer.

According to James Bosworth, the founder of the Washington DC DC, the Argentine guide may have chosen the right time to scrap the committee, the founder of the Washington DC-based risk analysis advice HXAGON, which focuses on Latin America.

“Milei is just going up” Decipher. “His efforts to fall the currency controls have just been hoped for and the peso is stable. He has just gained a small choice in capital. There is no better moment for him to close this examination and to prevent bad information from being published shortly before the interim elections in the course of the interim elections.”

The price for the scale has increased 60% per data from Coingecko in the last 24 hours, possibly from investors who fade the controversy and may be able to take on a second life. With a daily highlight over 0.04 US dollars earlier, it has been the highest price for scales for almost a month.

President Milei won the presidency in 2023 after he campaigned against the sky -high inflation of the South American country.

So far, the eccentric guide has managed to reduce prices in Argentina, which has to struggle with one of the highest inflation rates in the world. Last weekend, the President's party won the capital's legislative elections.

Meme coins made headlines this year after President Trump released His own official Solana token before his inauguration.

The meme coin based in Solana rose after a business madness before it fell hard. While 81% goes back from the peak, Trump card the 52nd largest cryptocurrency remains on the market. The introduction of legislators who have argued that criticized cryptocurrency has represented a conflict of interest.

President Milei attracted controversy before becoming Argentina's leader when investors in 2022 sued him For the alleged advertising for a crypto investment platform that promised the users enormous returns

Published by Andrew Hayward

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