Milei Looks to Squash Investigation into LIBRA Scandal
Days after a judge ruled that the elected leader must disclose his bank accounts, Milei moved to shut down the unit tasked with investigating the memecoin incident.
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.