Argentine anti-corruption office: Javier Milei's Libra tweet is a personal act and does not violate public ethics regulations

According to The Block, the Argentine Anti Corruption Office (OA) stated that President Javier Milei acted in his personal capacity when promoting the Libra cryptocurrency (LIBRA) and did not violate the country's public ethics regulations. The survey report states that "promotional posts are not related to administrative actions, have not been allocated public resources, and have not received institutional support. They should be interpreted as personal or private communication behavior, and have not generated any form of official public policy direction. Javier Milei initially promoted the Libra cryptocurrency on his personal X account to support small businesses and startups in Argentina. But after the token's market value plummeted 90% from its peak of over $2 billion, he deleted the post. The scandal sparked by this has been dubbed by local media as the 'crypto gate', leading opposition politicians to call for the impeachment of Javier Milei and triggering lawsuits filed by lawyers representing loss making investors in the country. Javier Milei has requested the Argentine Audit Office (OA) to conduct an investigation to determine whether any members of the national government, including the President himself, have engaged in inappropriate behavior.