PANews reported on February 15 that KIP Protocol, the development team behind the LIBRA project, tweeted, "The Viva la Libertad project aims to help Argentine private enterprises, and the LIBRA token has also been successful. Thank you for your trust and support. Regarding all the questions, I would like to clarify: this is a private enterprise project, and President Milei has not been or is not involved in the development of the project in any way." The official website of the Viva la Libertad project shows that the project is a private independent project developed by KIP Protocol. (The left figure below is KIP co-founder Julian, and the right figure is Argentine President Milei. The photo was published in October 2024)

Earlier news , after Argentine President Milley posted a tweet introducing the project and the token contract, he said that he did not know the specific details of the LIBRA project and had deleted the LIBRA token tweet.