A judge in Argentina has ordered the country’s central bank to lift President Javier Milei’s bank secrecy privileges.
The move is part of an ongoing investigation into Milei’s involvement with the $LIBRA token project. Federal Judge María Servini, overseeing the case, is probing Milei’s financial ties and those of his associates, including his sister, Karina Milei.
Milei’s Ties to the Libra Project
According to local news outlet, Judge Servini requested the central bank to unseal the bank accounts of President Milei and his sister. Karina Milei is reported to have been in contact with some of the co-founders of the $LIBRA token project ahead of its launch, raising suspicions of potential financial connections.
The Fallout of the Libra Token Collapse
The launch and subsequent crash of the Libra token has become a major scandal in Argentina, referred to as “CryptoGate” in the media. Milei faces increasing pressure, including calls for impeachment and fraud charges, after initially promoting the new crypto asset and later revoking his support. The token’s sharp decline in value has caused significant losses for investors, adding to the controversy.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/argentinas-judge-orders-review-of-president-mileis-financial-dealings-in-libra-token-scandal/
