Argentina’s President Javier Milei has been cleared by the country’s Anti-Corruption Office in the controversial LIBRA memecoin scandal that eroded millions of dollars in investors’ wealth.
What Happened: The anti-corruption office concluded that Milei was acting in “personal capacity” when he promoted the Solana (CRYPTO: SOL)-based cryptocurrency via his X post and “did not violate” the the Public Ethics Law that governs public officials in the country, according to a translated statement.
“That, in summary, said post, not connected with administrative acts, without allocation of public resources, nor institutional support, should be interpreted as an act of individual or private communication that has not generated an official direction of public policies of any kind.”