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Reading: Milei shuts down LIBRA task force probing ties to his administration
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Thecryptonewshub > Blog > Trending News > Milei shuts down LIBRA task force probing ties to his administration
Trending News

Milei shuts down LIBRA task force probing ties to his administration

Crypto Team
Last updated: May 21, 2025 12:03 am
Crypto Team
Published: May 21, 2025
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wp header logo 595 Milei shuts down LIBRA task force probing ties to his administration

Milei and Justice Minister Mariano Cúneo Libarona signed Decree 332/2025 to dissolve the task force. The decree stated the forwarding of information gathered to the Public Prosecutor’s Office, and that the UTI had completed its mandate.

Investigators evaluate whether financial crimes or conflicts of interest occur when involving presidential associates.

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The disbanded task force has not released any official findings, and the identities of the original LIBRA developers remain undisclosed. 

The LIBRA case has generated widespread legal and political fallout. Shortly after Milei’s public endorsement, which framed the token as a path to financial freedom, LIBRA’s market capitalization surged to over $4.5 billion. 

Judge María Servini also authorized investigators to bypass banking secrecy protections to examine the financial records of both President Milei and his sister, Karina Milei, amid allegations of links to the token’s backers.

Since the task force has not published a report with its investigation’s results, the ties between LIBRA issuers and Milei’s administration are unclear.

source

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