According to Bloomberg, Argentine President Javier Milei stated in a television interview on Monday that he was not trying to persuade people to buy LIBRA memes, but simply "spreading information".

I am not an expert. My expertise is economic growth, whether or not there is currency. As someone who is extremely passionate about technology, when I see a tool that can provide funding for entrepreneurs, I just help spread information

In addition, according to the interview content compiled by DB Express, Javier Milei In the interview, he further defended himself, stating that the country and even the Argentine people did not suffer any losses as a result, and at most "only four or five" Argentinians may have lost funds due to LIBRA. He emphasized that most of the people who lost money came from China and the United States. In addition, Javier Milei also added that the participants are all volatility traders who know what they are doing themselves.

These people are experts in this type of financial instrument, they know the risks, and they are voluntary traders. This is a private transaction, not related to the state

Libra collapse: Millet faces fraud charges

Last Friday, Javier Milei A tweet was posted on X (formerly Twitter) seemingly promoting the LIBRA meme coin, and subsequently the token's price skyrocketed, reaching a market value of approximately $4 billion at one point. However, after Miller deleted the tweet, the value of the token plummeted by 95%, causing him to quickly face external questioning and even accusations of fraud.