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Argentina's Milei shuts down task force investigating LIBRA scandal

cryptoweekly by cryptoweekly
May 20, 2025
in bitcoin, News
0

The Argentine president has faced a major backlash after promoting a token with all the characteristics of a classic crypto pump-and-dump.

Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero. 

The Investigative Task Force (ITU) was dissolved via a May 19 decree signed by Milei and Justice Minister Mariano Cúneo Libarona, government documents revealed. 

“The Research Task Unit is dissolved” after completing its mandate, the translated version of the decree read.

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