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Argentina President Javier Milei Shuts Down Task Force Investigating Libra Crypto Scandal

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May 20, 2025
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Argentina President Javier Milei Shuts Down Task Force Investigating Libra Crypto Scandal
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The saga around the Solana meme coin Libra has taken a new turn, with Argentina President Javier Milei shutting down the unit probing the crypto scandal. The president was at the centre of this saga, having promoted the meme coin’s launch in February earlier this year. Javier Milei Dismantles Task Force Probing Libra Crypto Scandal According to CNN Chile, the Argentine president issued a decree dissolving the Investigation Task Unit (UTI). The unit came into existence in February, following the Libra crypto scandal, which caused investors to lose millions of dollars while insiders reportedly made over $4 billion. The decree published in the Official Gazette of the Nation said, The Government considers that the information collected was forwarded to the Public Prosecutor’s Office and that the Unit has fulfilled the task assigned by Decree No. 114/25 Javier Milei had played an active role in the Solana meme coin’s surge, promoting… Read More at Coingape.com

The post Argentina President Javier Milei Shuts Down Task Force Investigating Libra Crypto Scandal appeared first on CoinGape.

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