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Argentina’s Javier Milei speaks out for the first time about LIBRA rug pull, calls investors unwise
The post Argentina’s Javier Milei speaks out for the first time about LIBRA rug pull, calls investors unwise appeared on BitcoinEthereumNews.com. Javier Milei finally broke his silence on the LIBRA meme coin collapse, an incident that wiped out $4.6 billion, brought international lawsuits, and triggered impeachment calls in Argentina. Speaking in an interview with Todo Noticias, Javier denied responsibility, downplayed the losses, and blamed investors for failing to understand volatility trading. He said, “Hayden Davis proposed creating a structure to finance entrepreneurs who, due to informality, lack funding options. When Libra became public, I helped spread the word.” “I’m not an expert. My specialty is economic growth, with or without money,” Javier added. “I saw a tool that could finance entrepreneurs, and I spread the word. I acted in good faith and took a hit.” Javier Milei dismisses investor losses Javier confirmed he had met with the people behind LIBRA, but reiterated once again that he wasn’t promoting the coin—just sharing information about it. “Did the state lose money? No. Did Argentinians lose money? Maybe four or five people at most. The vast majority of investors are Chinese and American,” he said. “It’s false that 44,000 people were affected—at most, 5,000. These are traders who knew the risks.” Javier described LIBRA’s investors as experienced volatility traders, not ordinary citizens. He also defended his X post that sent LIBRA’s price surging, saying it came just three minutes after the coin launched simply because he was passionate about the idea. Believable right? “I didn’t promote it, I shared it. I did it because I’m a die-hard technoptimist. Any initiative that improves financing for tech entrepreneurs interests me. I made no mistakes because I acted in good faith. But when I look at the political repercussions, I realize I have something to learn,” Javier said, adding that: “I need to understand that after becoming president, I continued acting like the same Javier Milei as…
The post Argentina’s Javier Milei speaks out for the first time about LIBRA rug pull, calls investors unwise appeared on BitcoinEthereumNews.com.
Javier Milei finally broke his silence on the LIBRA meme coin collapse, an incident that wiped out $4.6 billion, brought international lawsuits, and triggered impeachment calls in Argentina. Speaking in an interview with Todo Noticias, Javier denied responsibility, downplayed the losses, and blamed investors for failing to understand volatility trading. He said, “Hayden Davis proposed creating a structure to finance entrepreneurs who, due to informality, lack funding options. When Libra became public, I helped spread the word.” “I’m not an expert. My specialty is economic growth, with or without money,” Javier added. “I saw a tool that could finance entrepreneurs, and I spread the word. I acted in good faith and took a hit.” Javier Milei dismisses investor losses Javier confirmed he had met with the people behind LIBRA, but reiterated once again that he wasn’t promoting the coin—just sharing information about it. “Did the state lose money? No. Did Argentinians lose money? Maybe four or five people at most. The vast majority of investors are Chinese and American,” he said. “It’s false that 44,000 people were affected—at most, 5,000. These are traders who knew the risks.” Javier described LIBRA’s investors as experienced volatility traders, not ordinary citizens. He also defended his X post that sent LIBRA’s price surging, saying it came just three minutes after the coin launched simply because he was passionate about the idea. Believable right? “I didn’t promote it, I shared it. I did it because I’m a die-hard technoptimist. Any initiative that improves financing for tech entrepreneurs interests me. I made no mistakes because I acted in good faith. But when I look at the political repercussions, I realize I have something to learn,” Javier said, adding that: “I need to understand that after becoming president, I continued acting like the same Javier Milei as…
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