Argentinian president Javier Milei is again under fire after having republished a controversial tutorial on how to buy the balanced token on the X social media platform. This decision comes despite the previous statements of Milei in which he said That he no longer promoted cryptocurrency, after the reaction for his initial involvement in the project.
The balanced token, which increased in value before living a dramatic accident, was at the center of criticism, with concerns raised as to its potential to mislead investors. Milei’s decision to republish the tutorial triggered the indignation, in particular opposition legislators, which now put pressure on the accusations of indictment against the president.
Argentine President Javier Millei reposted the LIBRA token purchase tutorial on the social platform X. Although Millei had previously stated that he would no longer spread the LIBRA message and deleted the tweet. The opposition is pursuing an impeachment effort against Millei.… pic.twitter.com/kEqEgVSctH
— Wu Blockchain (@WuBlockchain) February 17, 2025
Milei on Monday denied the promotion of a cryptocurrency that collapsed, which made billions of investors lose and trigger many complaints. Prosecutors would prepare to investigate the issue. “I did not promote it, I shared it. I acted in good faith, “Milei told the TN diffuser, stressing that he” is a private problem, without implication of the state “.
The opposition argues that Milei’s actions, in particular the promotion of an unstable cryptocurrency, undermine its responsibilities as the leader of the country and put the Argentinian at financial risks. Critics have also underlined its previous deletion of a tweet promoting the token, suggesting an inconsistency and a lack of responsibility.
As tensions increase, controversy has triggered a broader debate on the regulation of cryptocurrencies in Argentina, as well as the role of government figures in the promotion of digital assets. The situation will probably remain a key discord in Argentine policy, with calls for a more in -depth examination of the intensification of Milei’s actions.