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Argentina's official statement: President Javier Milei will immediately transfer all matters related to $LIBRA to the Anti-Corruption Office and has promised to investigate thoroughly until the truth is revealed.

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TechFlow
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Feb 16, 2025

According to TechFlow news on February 16, the Argentine presidential office reported: "On October 19, 2024, President Javier Milei met with representatives of KIP Protocol in Argentina. During this meeting, the company's representatives informed the president of their intention to develop a project called 'Viva la Libertad' ("Long Live Freedom"), which aims to leverage blockchain technology to provide financing for private enterprises in Argentina.


This meeting has been formally recorded in the public hearing registry, with participants including the national president, KIP Protocol representatives Mauricio Novelli and Julian Peh, as well as presidential spokesperson Manuel Adorni.


In this context, on January 30, 2025, the president met with Hayden Mark Davis at the Casa Rosada (Rose Palace). According to the introduction by KIP Protocol representatives, Mr. Davis will provide the technical infrastructure for the project. Mr. Davis has had no prior association with the Argentine government nor established any relationship with it; he was introduced as a project partner by KIP Protocol representatives.


Finally, yesterday, the president posted a message on his personal social media account announcing the launch of the KIP Protocol project, similar to his usual support for many entrepreneurs looking to launch projects in Argentina to create jobs and attract investment. Due to the widespread attention the project launch garnered, to avoid any speculation and reduce further dissemination, the president decided to delete this post.


In light of the above circumstances, President Javier Milei has decided to immediately refer this matter to the Anti-Corruption Office (OA) to determine whether there has been any misconduct by any members of the national government, including the president himself, in this incident.


Furthermore, the national president has decided to establish an investigative task force (UTI) under the presidential office. This task force will be composed of representatives from agencies and departments related to cryptocurrency assets, financial activities, money laundering, and other relevant fields, consolidating information to conduct an urgent investigation into the issuance of cryptocurrency $LIBRA and all associated enterprises or individuals.


All information collected during the investigation will be forwarded to the judicial department to determine whether any enterprises or individuals related to the KIP Protocol project are suspected of criminal activity.


President Milei has demonstrated his commitment to the pursuit of truth through concrete actions and has promised to thoroughly investigate this incident until the truth is revealed."

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