Key Takeaways
- President Javier Milei clarified he merely shared details about $LIBRA, not actively selling it.
- Milei met with Hayden Mark Davis for creating financing for entrepreneurs however denies in depth investor affect.
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Argentine president Javier Milei is defending himself amidst accusations of fraud and requires impeachment following his promotion of the $LIBRA token. Talking throughout an interview with Jonatan Viale on TN’s “¿La Ves?” on Monday, Milei claimed he merely shared details about the mission quite than actively selling it.
“I didn’t advertise, I shared it,” Milei defined. “I did it as a result of I’m a fanatical techno-optimist.”
“I acted in good religion and I bought slapped,” Milei mentioned, addressing the controversy. He maintained that the incident affected solely a small variety of Argentines, with most traders being Chinese language and American.
Explaining the rationale for sharing, Milei said that he shared the $LIBRA token data as a result of he’s keen about such initiatives and found it shortly after its creation.
“I shared this like I shared a whole lot of issues. My tweet was three minutes after the coin was created as a result of I’m a fan of these things,” he talked about.
Milei claimed that those that invested in $LIBRA had been properly conscious of the dangers concerned. He disputed claims of widespread affect, insisting that the precise determine was far lower than 44,000.
“The declare that 44,000 individuals had been affected is merely unsuitable. The true quantity is nearer to five,000, at most. And it’s extremely unlikely any Argentinians had been concerned. These are refined merchants, volatility merchants who knew what they had been stepping into,” he asserted. “…they did it voluntarily.”
The president revealed he met Hayden Davis, who facilitated the token launch, at Casa Rosada in October 2024. He mentioned that Davis proposed making a financing construction for entrepreneurs missing conventional funding choices.
“When the Libra factor grew to become public, I unfold the phrase,” Milei mentioned, explaining that his first tweet was to assist Argentines who don’t have entry to conventional financing.
When requested why he deleted the tweet, Milei mentioned he eliminated it on account of detrimental suggestions.
“When individuals began saying my account was hacked, I pinned the tweet to point out it was actually me. However then the detrimental feedback piled up, so I took the tweet right down to keep away from confusion. I by no means truly deleted it, although – I simply hid it,” he mentioned.
He denied authorities involvement within the operation however warned that “if the justice system determines in any other case, heads will roll.”
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