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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.
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May 20, 2025 • 1 min read

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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