The Argentine Congressional Committee accused President Milei of being involved in the $LIBRA eyeglass.

Deep Tide TechFlow news, on November 21, according to The Block, the Argentine Congressional Investigation Committee released a final report on Tuesday, accusing President Javier Milei ( of providing “key cooperation” in the collapse of the $LIBRA encryption currency and suggesting that Congress evaluate whether it constitutes misconduct. The report shows that Milei had promoted the $LIBRA Token on his personal social account, and subsequently, 8 wallets associated with the Libra team cashed out $107 million, causing losses to 114,410 investor wallets.

This 200-page report titled “$LIBRA is not an isolated incident” reveals a series of systemic issues. The investigation found that the Milei government had also promoted a crypto asset called the KIP protocol, which experienced a liquidity pool depletion after its launch in December 2024. The committee believes this indicates that the government intends to bypass regulatory agencies such as the national securities commission )CNV(.

Currently, Milei and American entrepreneur Hayden Davis ) are facing a judicial investigation in Argentina and a class-action lawsuit filed by Burwick Law in New York, among the founders of Libra. Milei has denied any wrongdoing and disbanded the special investigative task force set up by his office in May, after a judge had requested the Argentine Central Bank to unfreeze the bank accounts of the president and his sister Karina Milei.