About 58% of Argentinians said they did not trust President Javier Milei following his involvement in the $ 4.6 billion Libra Crypto scandal, according to a recent poll.
“More than a month after the crypto fraud scandal, how much do you trust Milei today?” Polling platform Zuban Córdoba Question 1,600 respondents in his recently released survey in March, of which 57.6% replied that they did not agree with him, while 36% said Milei still had confidence.
The remaining 6.4% said they were unsure, the report said.
Percentage of confidence that Argentines were in Milei after the Libra scandal. Source: Zuban córdoba
This is the first time the question is asked within a Zuban córdoba poll. However, many other metrics, such as Milei’s image and the national management rating rating, have fallen significantly in recent months.
The latter of the metrics, for example, fell from 47.3% from November to 41.6% in March.
“Fifty-eight percent disagree with Javier Milei’s management. The negativity rises slowly but continues and seems unable to find a ceiling,” Zuban Córdoba said.
“Changing the government’s tone and evaluation are integrated as more and more problematic faces appear on the political agenda.”
Zuban Córdoba conducted a study between March 12 and March 14, and the sample size of 1,600 participants had a confidence of 95% and a sampling error of 2.45%.
Another one Survey From the University of San Andrés conducted between March 11-20 with 1,020 respondents found that Milei’s approval rating dropped to 45%.
However, not all polls paint the same picture of President Milei.
Data Collected from the morning consulting between Feb. 27 and March 5 indicates that Milei still holds a 62.4% approved rating after The Libra scandal.
Related: Libra Memecoin Orchestrator named as Defendants in US class-action suit
Milei has turned away himself From Libra from the scandal, it is advisable that he does not “promote” the Libra token in a controversial Feb. 14 x post – as Frauds filed against him saying – and instead “just spread the word” about it.
The Libra’s token (Libra) climbed a $ 4.6 billion market cap shortly after Milei’s X post before tanking nearly 94% in the next few hours.
The Argentina’s Party Calls Opposition Milei’s impeachment But there was a limited success so far.
President Milei’s party is still leading while the elections elections
The controversy is coming since the next Argentine election is set to take place on October 26th.
Despite the negative results, Milei’s La Libertad Avanza Party is likely to release Argentine’s next election, with 36.7% in favor of the Libertarian Party, while Unión Por La Patria will arrive in the next 32.5%.
However, only 43% of Argentine respondents believe that Milei – an economist before taking office – has sufficiently controlled inflation, while 63% of the polleds oppose Milei’s efforts to save a new loan from International Monetary Fund.
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