Argentina Halts Probe Into Libra Crypto Scandal as Task Force Disbands
President Javier Milei has abruptly terminated Argentina’s investigation into the Libra cryptocurrency scandal, dissolving the specialized task force after just three months of operation. The decision comes amid reports of $250 million in investor losses tied to the token’s collapse.
The disbanded Investigative Task Force (UTI) had been examining potential connections between the Milei administration and Libra’s controversial promotion. Market observers note the token’s dramatic rise and fall mirrored classic pump-and-dump patterns, though no official findings were released before the probe’s termination.