Javier Milei shuts down task force investigating LIBRA scandal 🇦🇷
Argentine President Javier Milei has terminated a task force investigating the LIBRA cryptocurrency scandal, which he had earlier promoted on social media. The task force, the Investigative Task Unit (ITU), was disbanded by a decree co-signed by Milei and Justice Minister Mariano Cúneo Libarona.
Despite substantial pressure from opposition, the ITU's dissolution precedes any findings on the LIBRA project's demise. The project's collapse, which seemed to be a pump-and-dump scheme, resulted in significant losses and prompted allegations of insider trading.
Milei, whose credibility has been questioned, denied wrongdoing, claiming he merely "shared" the project. However, blockchain data suggested widespread investor losses.
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