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Milei Ends LIBRA Probe as Scandal Grows With New Evidence
Milei Ends LIBRA Probe as Scandal Grows With New Evidence
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Argentine President Javier Milei has disbanded the Investigative Task Unit (UTI) probing the LIBRA cryptocurrency scandal, despite mounting political opposition and fresh legal challenges. The move follows a May 19 decree signed by Milei and Minister Cúneo Libarona, abruptly halting an investigation that began in February after Milei promoted LIBRA on social media.
The token suffered a $4.4 billion market value collapse post-endorsement, sparking insider trading allegations. Judicial review of Milei’s financial records reveals suspicious outflows coinciding with LIBRA’s price surge. Critics argue the shutdown obstructs accountability for what appears to be a coordinated pump-and-dump scheme involving government insiders.
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