Argentine President Javier Milei has been acquitted of all charges related to his involvement with the Libra token, a cryptocurrency project launched on the Solana blockchain. The dismissal of charges has prompted Milei to publicly accuse major press groups and journalists of using the case as a political weapon.
Milei initially promoted the Libra token on social media, sharing its Solana contract and describing it as a project aimed at incentivizing Argentina's economy by funding small companies. He later deleted the post after the token's price declined and stated he had no links to the project.
Following his acquittal, Milei called on social media for compensation from those who accused him of wrongdoing, characterizing the case as a "political and media operation" designed to damage the presidential office. He alleged that large Argentine press groups, including La Nacion, used the investigation as leverage to extort the government in exchange for tax concessions.
The president's acquittal has drawn criticism from some officials involved in the investigation. Maximiliano Ferraro, a national deputy and former head of the Congressional Libra Commission, expressed concerns about the probe's conduct, stating that no witnesses were called to testify. Ferraro highlighted that the investigation did not address numerous meetings between Libra promoters and government officials at official residences, cryptocurrency transactions executed before and after presidential meetings, and communications between involved parties on the day of the token's launch.
