Argentina President Milei Under Fire Over Alleged Cryptocurrency Scam

Published on 19 November 2025 at 13:40

Reported by: Ijeoma G | Edited by: Henry Owen

Abuja, Nigeria – Argentina’s President Javier Milei is facing scrutiny after a congressional committee released a report alleging his involvement in a cryptocurrency scheme now suspected to be a scam.

According to the report, President Milei may have engaged in “possible fraud” by promoting the digital currency initiative, raising concerns about financial misconduct at the highest level of government. The congressional investigation warns that the scheme could have misled investors and put public trust at risk.

While details on the scale of the potential losses are still emerging, the report signals growing political and legal pressure on Milei to clarify his role in the project. There has been no public response from the President’s office at this time.

The investigation highlights broader global concerns over unregulated cryptocurrency schemes and the role of political figures in endorsing them, emphasizing the need for transparency and accountability in digital finance.

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