# Milei Looks to Squash Investigation into LIBRA Scandal

*Author: Bankless*
*Published: May 20, 2025*
*Source: https://www.bankless.com/de/read/milei-looks-to-squash-investigation-into-libra-scandal*

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Argentina’s President Milei halts the LIBRA token investigation as suspicions of financial misconduct spark judicial oversight.

## **What’s the Scoop?**
- **Investigation Halted**: Argentina’s government dissolves the task force investigating the LIBRA memecoin scandal tied to President Milei and his sister.
- **Judicial Pushback**: The move comes just days after a judge ordered the unsealing of Milei’s and his sister’s bank records in connection to the case.
- **Suspected Cover-Up**: Prosecutors implicated Milei in the possible misuse of the LIBRA memecoin after its value spiked and crashed post-promotion.
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