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The Libra project, supported by the Argentine President, is under investigation by the U.S. Department of Justice

The Libra project, supported by the Argentine President, is under investigation by the U.S. Department of Justice

Bitget2025/02/26 06:12

The Libra cryptocurrency project, supported by Argentine President Javier Milei, is currently under investigation by the U.S. Department of Justice (DOJ). It has been reported that the DOJ's fraud division is investigating potential economic crimes involving Milei and key figures such as Hayden Adams and Julian Peh. The investigation may expand to involve multiple U.S. agencies, including the Federal Bureau of Investigation (FBI) and the Securities and Exchange Commission (SEC). Initially promoted as a financing solution for Argentine companies, Libra attracted many investors but subsequently plummeted in value, causing significant losses for many investors. Although Milei has ordered an internal investigation, he denies any wrongdoing, claiming that he merely shared this project and stated that investors should be aware of its risks. "If you lose money at a casino, it's your own problem," he said.

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