Argentina Congress backs investigation into officials over Libra memecoin
Powered by @unfolded- Argentina's Chamber of Deputies has passed three draft resolutions to investigate officials connected to the Libra memecoin scandal, particularly focusing on President Javier Milei's endorsement of the token.
- The resolutions propose forming a commission to investigate the memecoin, summoning key government officials, and requesting a government report on Libra.
- Following Milei's endorsement, the Libra token's value surged to over $2 billion before crashing by more than 90%, leading to calls for his impeachment and allegations of fraud against him.
- Kelsier Ventures CEO Hayden Davis, who claimed to be an advisor to Milei, has faced legal scrutiny, including a request for an Interpol Red Notice, amid ongoing controversies surrounding his involvement in multiple memecoins.