President Javier Milei spoke out for the first time about a cryptocurrency scandal that has dented his reputation in Argentina, triggering lawsuits and even calls for his impeachment. Milei confirmed he met with the people who proposed and launched a so-called memecoin called Libra. He said he didn’t post about it on social media with the intent of persuading people to buy it, but rather to raise awareness about an effort to support Argentine businesses using crypto. The memecoin crash triggered lawsuits and an internal government probe. — news from Bloomberg
