Karina Milei Faces Scrutiny Amid Leaked Messages in the Explosive LIBRA Token Scandal

The post Karina Milei Faces Scrutiny Amid Leaked Messages in the Explosive LIBRA Token Scandal appeared first on Coinpedia Fintech News

With every passing day, a new story is coming on the way and it all goes to the downfall of Argentine President Javier Milei who is facing heavy backlash from the crypto community worldwide. The recent scoop reveals his sister, Karina Milei, was allegedly paid to influence him in promoting the Libra (LIBRA) token, raising more doubts and concerns for crypto investors. This revelation has sparked political turmoil, with opposition leaders calling for his impeachment over potential misconduct.

Karina Milei, a key figure in Argentina’s government and General Secretary of the Presidency, has remained silent as controversy grabs eyeballs around the LIBRA token scandal. While it’s unclear if any money changed hands, leaked messages suggest Hayden Davis, the man behind the token, claimed he could pay Milei’s inner circle for influence. This adds new fuel to an anti-corruption probe into President Javier Milei, who previously promoted LIBRA as a funding tool for small businesses. 

Leaked Messages Raise Questions

According to La Nacion, Hayden Davis, CEO of Kelsier Ventures and linked to the LIBRA token, reportedly sent messages claiming he had control over Milei through his sister. In the messages, Davis allegedly stated, “I send $$ to his sister, and he does whatever I say.” He also suggested he could arrange a personal meeting with Milei to promote the token.

However, Davis has denied these claims, saying he doesn’t recall sending the messages and has no record of them on his phone. He also insisted that neither Javier nor Karina Milei received any money from him.

LIBRA Token’s Rise and Fall

LIBRA had a massive launch, reaching a $4.5 billion market cap at its peak. However, the token quickly crashed by 95%, causing huge losses for investors. Reports suggest Davis and Kelsier Ventures made nearly $100 million from the launch. Davis, however, maintains that he never owned or sold the tokens.

Milei’s Response

In an interview with Todo Noticias, Milei denied promoting the token and instead said he merely “spread the word” about it. He insisted he had “nothing to hide” and acted “in good faith” but admitted he needs to be more cautious in the future.

Milei emphasized that the government had no involvement in the LIBRA situation, stating, “The state plays no role here.” However, the controversy has already damaged his reputation, with critics accusing him of misleading the public.

Also Read :   Argentina’s Javier Milei Faces Fraud Charges After LIBRA Crypto Rug Pull Scandal   ,

Political Fallout

With opposition leaders pushing for impeachment, this scandal could become a major political challenge for Milei. His sister Karina, a key advisor, is now under scrutiny, raising concerns about how much influence she has over presidential decisions. In the meanwhile Milei is already facing a lawsuit filed after many legal complaints of crypto losses due to his actions. 

As the dust settles, Milei’s political future remains uncertain. Whether this controversy fades or escalates depends on how the public and lawmakers react to the allegations in the coming weeks.