币界网报道：Libra CEO Denies Fraud Allegations, Blames Argentine President for Token Collapse Libra CEO David García has denied allegations of fraud related to the collapse of the company’s token, instead attributing the failure to economic policies enacted by Argentine President Javier Milei. García claimed that Milei’s abrupt deregulation measures, including the removal of capital controls and subsidy cuts, destabilized the financial environment, leading to a loss of investor confidence in Libra’s peso-pegged stablecoin. The token, designed to provide stability amid Argentina’s hyperinflation, plummeted after the government’s policy shifts triggered a sharp devaluation of the peso. García emphasized that Libra had operated transparently and complied with regulations, dismissing accusations of mismanagement or fraudulent activity. Meanwhile, Argentine authorities have launched an investigation into Libra’s operations, with some lawmakers accusing the firm of misleading investors. The controversy highlights the challenges faced by crypto projects in politically volatile economies, where sudden policy changes can undermine even well-intentioned financial innovations.