The value of the cryptocurrency $Libra skyrocketed before plummeting, resulting in significant losses for most investors.
A judge will now decide whether to prosecute the president with fraud in connection with the incident.
Milei dismissed investor complaints on Monday, claiming to have behaved “in good faith” and comparing them to gamblers: “If you go to a casino and lose money, what’s there to complain about when you knew the risks?”
Following an unusually calm weekend on social media, President Milei discussed the $Libra issue in an interview with Argentine TV channel Todo Noticias on Monday.
He maintained that his X post, which included a link to a website that sold $Libra.