An Argentine congressional committee released a 200-page report finding a pattern of misconduct in President Javier Milei's Libra crypto promotions.
A government probe concluded that Milei's endorsement from his personal X account did not rise to the level of an official government action.
Argentina's Chamber of Deputies passed three draft solutions to summon and investigate officials, including the minister of economy.
The token was styled after former stockbroker Jordan Belfort, despite his past statements that memecoin creators "should go to jail."
Argentina's former head central banker is among the plaintiffs accusing the country's president of orchestrating a rug pull.
Argentina's President has announced an investigation into the token's launch as a key advisor says he plans to buy back and burn the token.
The CEO of KIP Protocol, a Web3 firm associated with the project, denied profiting from the token in an X space following rug pull accusations.