Milei Shuts Down Argentina Unit Investigating Crypto Scandal

The Argentine government dismantled the Investigative Task Force (UTI), a body created just three months ago to investigate the Libra cryptocurrency scandal and the roles of President Javier Milei and his sister Karina, according to a decree published in the official gazette.

The decision was signed by Milei and Justice Minister Mariano Cúneo Libarona. The UTI was tasked with investigating allegations of irregularities after Milei publicly promoted the Libra crypto token on X in February, causing the currency’s value to rise and then fall.