According to a message from Shenchao TechFlow on February 24, KIP Protocol released an official statement on X to clarify its role in the event:
KIP did not initiate the Libra project or the Viva La Libertad project;
KIP was invited to assist in managing the financing plan for small and medium-sized enterprises in Argentina;
KIP did not participate in the token issuance;
KIP did not profit from the token issuance in any way;
KIP has no prior or ongoing relationship with President Javier Milei.