LIBRA Scandal: President Milei's Hilarious Denial! 😂💰

Well, well, well! Argentina’s President Javier Milei finally decided to open his mouth about the LIBRA meme coin scandal! And boy, does he have a story for us! 🎭

In a riveting interview with Todo Noticias, Milei claimed he merely “disseminated” the project. Sounds fancy, right? But he absolutely denies promoting it! 🙄

President Milei’s “Not Promotion” of LIBRA

Milei casually mentioned meeting Hayden Davis, the CEO of LIBRA’s market maker, at the Tech Forum in October 2024. Apparently, Hayden is now his “advisor.” Who knew? 🤔

On February 14, right after the coin launched, Milei tweeted his endorsement. And just like that, the LIBRA meme coin skyrocketed to a market cap of over $4 billion! 💸 But wait! Insiders cashed out over $100 million faster than you can say “rug pull,” causing Milei to delete his tweet quicker than a magician’s rabbit! 🐇✨

Now, in today’s interview, Milei insists he never promoted LIBRA. He claims he shared it in good faith, just like he shares his lunch with pigeons! 🐦

“I shared this the same way I’ve shared hundreds of things. My tweet came just three minutes after the coin was created because I’m passionate about these things and found out about it. These are volatility traders who knew what they were doing.” Milei said. 🎤

Milei appeared calm, cool, and collected during the interview, starting off by saying he had nothing to hide. When asked why he promoted the token, he quipped:

“I didn’t promote it, I disseminated it.” Classic politician move! 😂

Referring to the scandal, he added:

“It was a slap in the face.” Ouch! 😳

Though he didn’t call it a mistake, Milei said he learned something from this experience. He and his sister Karina, the Secretary General, realized:

“We clearly cannot continue living as we did before and allow everyone to access us.” Sounds like a family meeting gone wrong! 🍽️

Moving forward, he plans to filter out who gets to see him. Good luck with that! 😅

Argentinians Did Not Lose Money, Claims the President

Milei explained that his initial tweet was meant to help Argentine entrepreneurs. He thought it would be like giving them a golden ticket to the startup world! 🎟️

When rumors spread that his account was hacked, he pinned the tweet to prove he was in control. But after seeing the negative comments, he decided to delete it. Talk about a rollercoaster! 🎢

He claims only a few Argentinians lost money in the LIBRA scandal, emphasizing that most traders were Americans and Chinese. So, who’s really crying? 😢

“Did the State lose money? No. Did Argentinians lose money? Maybe four or five at most. The vast majority of investors are Chinese and American.”

While reports say around 40,000 investors traded the Libra token, Milei insists that number is as inflated as a balloon at a birthday party. 🎈 He claims only about 5,000 investors participated.

Milei also denied misleading investors, arguing that the market was filled with experienced crypto traders. So, no sympathy here! 😏

“Those who entered were volatility traders. They knew very well what they were getting into,” Milei said. Sounds like a party! 🎉

At the same time,

2025-02-18 04:35

LIBRA Scandal: President Milei’s Hilarious Denial! 😂💰

President Milei’s “Not Promotion” of LIBRA

Argentinians Did Not Lose Money, Claims the President

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