Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Argentine President Milei shuts down LIBRA investigative unit
Share
  • bitcoinBitcoin(BTC)$104,658.93
  • ethereumEthereum(ETH)$2,510.79
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.15
  • binancecoinBNB(BNB)$653.10
  • solanaSolana(SOL)$153.38
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.191467
  • tronTRON(TRX)$0.268292
  • cardanoCardano(ADA)$0.67
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Argentine President Milei shuts down LIBRA investigative unit
Crypto

Argentine President Milei shuts down LIBRA investigative unit

admin
Last updated: 20/05/2025 10:19 Chiều
admin
Published 20/05/2025
Share


Argentine President Javier Milei has officially dissolved the investigative unit created earlier this year to look into potential fraud linked to the cryptocurrency LIBRA. 

LIBRA (LIBRA) was the cryptocurrency that Milei promoted on social media, and he has been under scrutiny ever since. This move comes just three months after the unit’s formation.

According to the decree signed by Milei and Justice Minister Mariano Cúneo Libarona, the task force “has fulfilled the task assigned to it,” having forwarded its findings to the Public Prosecutor’s Office, according to local reporting. 

However, no report has been made public, and the government has not disclosed what, if any, accountability measures were taken, per the reports.

Milei’s dubious relationship with LIBRA

LIBRA surged in value after Milei endorsed it on February 14 via his X account, then quickly collapsed, leading to multimillion-dollar losses for investors and international headlines. 

The fallout prompted Argentina’s Parliament to open its own investigation and sparked judicial probes in the U.S. and Spain into possible fraudulent schemes involving Milei and his sister, Karina Milei.

The now-defunct UTI had been empowered to gather information from national and international bodies without additional budget allocations, according to reporting. 

It was led by María Florencia Zicavo, a close advisor to the justice minister, raising concerns about the independence of the probe from the start.

The Milei administration had already rolled back the investigative powers of Argentina’s Financial Information Unit in April, further limiting oversight. While Milei claims all requested data from state entities was submitted and reviewed, the public remains in the dark about the commission’s conclusions, if any were ever reached.

The case now rests with the judiciary, particularly Judge María Romilda Servini, per local reporting. 

You Might Also Like

Tether tightens grip as stablecoin market cap hits $243b

Pump.fun introduces 50% revenue sharing for memecoin creators

Solana will underperform Ethereum by the end of 2025: Standard Chartered

Monero breaks out as privacy demand surges post-Tornado Cash

Phantom launches liquid staking token PSOL, enabling staking without lockup

TAGGED:ArgentineinvestigativeLIBRAMileiPresidentshutsunit

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Top 3 catalysts that could send Pepe price soaring
Next Article XRP price forms bullish pattern as whale accumulation grows
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
Cardano support crumbles as whales hit the sell button
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?