Economic Policy

Argentina’s $LIBRA Scandal: Investigating Presidential Ties Amid Cryptocurrency Collapse

By Economics Desk | September 3, 2025

A critical investigation targets Karina Milei and President Javier Milei over the disastrous $LIBRA cryptocurrency, exposing troubling overlaps between political power and risky financial promotions that threaten economic stability.

In Buenos Aires, a parliamentary investigative commission has taken decisive steps to hold power accountable in the fallout from the failed $LIBRA cryptocurrency scheme. The commission approved a summons for Karina Milei—sister of President Javier Milei and secretary general of the Presidency—to testify about her role in this unfolding scandal that has inflicted millions in losses on unsuspecting investors. Why should hardworking Americans care about political corruption half a world away? Because this episode underscores a universal danger: when government insiders become entangled with risky financial ventures, trust in sovereign institutions is eroded globally. If Argentina's leaders cannot separate private...

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