According to Crypto Rover, the Department of Justice is investigating President Milei and the founders of $LIBRA, Hayden Davis and Julian Peh, for their promotional activities involving the cryptocurrency. This investigation may impact the trading volumes and market perception of $LIBRA due to potential legal implications and reputational risks associated with the involved parties.

According to Justin Sun (@justinsuntron), he expressed his respect for President Milei and urged for accountability in returning victims' funds in the cryptocurrency market, emphasizing the legal duty to protect investors.