Judge Assigned to Probe Argentina’s President Milei Over Alleged Crypto Scam – BitRss

Federal Judge María Servini in Buenos Aires received a mandate Monday to investigate fraud allegations against Argentine President Javier Milei over his alleged promotion of a Solana-based crypto that collapsed last week.

The appointment follows multiple fraud charges filed Sunday by Argentine lawyers after Milei briefly endorsed the LIBRA token before its value evaporated, causing millions in investor losses.

Just hours after the charges against Milei were formalized, blockchain analysis platform Bubblemaps uncovered on-chain evidence linking LIBRA’s creators to previous failed crypto launches, including January’s MELANIA token.

The Argentine presidential office maintains Milei had no involvement in the token’s development.

“The president shared a post on his personal accounts announcing the launch of KIP Protocol’s project, as he does daily with many entrepreneurs,” it said in a statement as quoted by the Associated Press.

Decrypt’s coverage of these revelations was later updated to reflect statements from KIP Protocol deny…