The Libra project backed by Argentina's president is under investigation by the U.S. Department of Justice
Internet reports that the Libra cryptocurrency project backed by Argentine President Javier Milei is currently under investigation by the U.S. Department of Justice (DOJ). According to reports, DOJ's fraud unit is investigating possible economic crimes involving Maylay and key figures such as Hayden Adams and Julian Peh. The investigation could expand to involve multiple U.S. agencies, including the FBI and the Securities and Exchange Commission. Libra was initially advertised as a financing solution for Argentine companies and attracted large numbers of investors, but its value then plummeted, causing many investors to suffer significant losses. Although Mile has ordered an internal investigation, he denies any wrongdoing, claiming he only shared the project and said investors should be aware of the risks. "If you go to a casino and lose money, that's your own problem." he said
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