On Monday, Argentina’s President Javier Milei addressed the crypto controversy that has led to lawsuits, impeachment calls, and a political upheaval.
During a televised interview with Todo Noticias, Milei acknowledged meeting the creators of the meme coin Libra.
However, he maintained that his social media post was not meant to encourage investment. Instead, he claimed that his intention was solely to share information about an initiative aimed at supporting Argentine entrepreneurs through crypto.
“I’m not an expert. My specialty is economic growth, with and without money,” Milei was quoted by Bloomberg. “As someone who is a technology enthusiast and sees the potential of a tool to finance entrepreneurial projects, I shared the information.”