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Argentina's President Milei denies crypto fraud allegations


Javier Milei says he was acting in "good faith" when he posted about a crypto currency which collapsed.

On Monday, Milei said he had acted "in good faith" and dismissed investors' complaints, comparing their actions to people who gamble: "If you go to a casino and lose money, what's there to complain about when you knew the risks?" President Milei spoke about the $Libra incident in an interview with Argentine TV channel Todo Noticias on Monday, after a weekend during which he had stayed unusually quiet on social media. While political analysts point out that the opposition is unlikely to get the votes needed for an impeachment trial to go ahead, the scandal threatens to divert Milei's attention away from his radical reform agenda.

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