Argentina President Milei Denies Promoting LIBRA Meme Coin
Argentine President Javier Milei talked about Libra’s meme coins for the first time since Saturday’s high-profile scandal.
In an exclusive interview with state news outlet Todo Noticias, Miley said he only spread the project but denied promoting it.
Miley mentions meeting Hayden Davis CEO of Libra Market Makerat the Science and Technology Forum in October 2024. Hayden claims to be Milei’s consultant.
On Friday, February 14, Miley endorsed the token in a tweet shortly after launching. This sees Libra Same corner It reaches a market value of more than US$4 billion.
But insiders suddenly cashed in more than $100 million in profits, which made the token plummet like a carpet. This led to Milei deleting his tweet.

Now, today interviewMiley said he never promoted Libra. The president claims he just shared this in sincerity, just as he shared other technical projects.
“I shared this in the way I shared hundreds of things. My tweet came out just three minutes after I created the coin because I was passionate about these things and found it. These are all volatility A businessman who knows what he is doing. ” Miley said.
Miley seemed to have collected it in the interview, first saying that he has nothing to hide. When asked why the promotion token was, Miley replied:
“I didn’t promote it, I spread it.”
However, referring to the scandal,
“It’s a slap.”
Although he didn’t call it a mistake, Miley said he had Things to learn from experience. Milei, the President’s Secretary-General, refers to himself and his sister Karina Milei:
“We obviously can’t continue to live like we used to and allow everyone to come into us. I need to understand that after becoming president, I continue to act like I used to.”
Miley said moving forward and he will start filtering out those who have the ability to reach him.
President claims Argentines have not lost money
Milei explained that his initial tweet acknowledgement of Libra stems from a belief that it can help Argentine entrepreneurs. He hopes this will fund their startups, especially for those who lack access to traditional capital markets.
When rumors began to spread about Miley’s account being hacked, the president decided to nail the tweet to prove that he was managing his X account. Later he saw negative comments and he decided to delete it.
Most notably, he claims that only a few Argentines have lost money in Libra Same corner scandal. He stressed that most businessmen are American and Chinese.
“Has the country lost money? No. Did the Argentines lose money? It could be four to five at most. The vast majority of investors are China and the United States.”
Although the report shows that about 40,000 investors traded Libra tokens, Miley said the number was wrong. According to him, only about 5,000 investors participated in the market.

Miley also denied misleading investors, believing that experienced cryptocurrency traders occupy a large number of the Libra market.
“The people who come in are volatility traders. They know very well what they do,” Millie said.
Meanwhile, Miley admits that he is not an expert in cryptocurrency. He also talked about his relationship with Kelsier Ventures CEO Hayden Mark Davis.
Hayden Davis met with the president at least 10 times
Kelsier Ventures was discovered to be the main entity that spreads Libra meme coins. In an interview, Miley explained that he met with Davis at the Argentina Technology Forum in Buenos Aires in October 2024.
Mauricio Novelli is a professional trader, a friend of Milei for many years, connecting the two.
According to local reports, Davis visited the presidential office, known as Casa Rosada, and the president’s residence (known as Quinta de Olivos) has been since the Argentina’s Tech Forum at least ten times.
It was during one of the meetings that Davis discussed the project with Milei.
“David suggested that I create a structure that provides projects for Argentine entrepreneurs,” Miley said in the interview.
Milei added that he decided to post the tweet because he thought the project was interesting and because he was a tech enthusiast.
“My zealotism about technology led me to make the news public in the first place,” Miley said in an interview.
Before the interview ended, Milli spoke directly to the Argentinian. He said he has been doing it sincerely and will continue to do so.
Radiation continues
Since the Libra scandal broke out on February 14, more than 100 criminal lawsuits have been filed against President Miley and the various participants allegedly involved in the arrival of the site. Opposition lawmakers added that they will pursue impetuous each.
Today, U.S. attorneys were told They may have jurisdiction over Miley’s allegations Or other numbers related to the Libra meme coin scandal. case Directly suggest Davisa U.S. citizen who boldly admitted his crime in a recent interview.
The day after Libra’s release, Miley introduces himself at the Anti-Corruption Office in Argentinadirecting it to investigate whether any member of the government, including itself, is engaged in misconduct.
Miley denied being bribed in an interview to promote Libra’s meme coins. He also deviates from details about his opinion of himself Davis’ role in Libra launch.
Instead, Miley repeated that justice requires due diligence to verify whether the members of the Miley Cabinet are involved. The president added that to his knowledge, nothing was involved.
Miley stressed that all crypto market activities are recorded on the blockchain. He added that the record should speed up the Justice Department’s investigation into the scandal.
Disclaimer
persist in Trust Project Guide Beincrypto is committed to impartial, transparent reporting. This news article is designed to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on this content. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.