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Reading: Javier Milei disbands crypto unit he set as much as examine himself
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Michigan Post > Blog > Crypto & Web 3 > Javier Milei disbands crypto unit he set as much as examine himself
Crypto & Web 3

Javier Milei disbands crypto unit he set as much as examine himself

By Editorial Board Published May 20, 2025 1 Min Read
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Javier Milei disbands crypto unit he set as much as examine himself

Argentinian President Javier Milei has dissolved an investigative crypto unit he set as much as probe the LIBRA crypto scandal and decide the extent of his involvement within the pump-and-dump scheme. 

In Decree 332/2025, printed immediately, Milei acknowledged that the Investigation Process Unit (UTI) was disbanded because it had “fulfilled the task entrusted to it.”

It claimed the UTI gathered knowledge from varied departments, together with the Anti-Corruption Workplace and Central Financial institution, earlier than sending it to the Public Prosecutor’s Workplace. It additionally says that the everlasting authorized advisory service then took “action within its jurisdiction.”

Milei reportedly arrange the unit in February 2025, 5 days after LIBRA was launched. It was tasked with gathering data concerning the scandal and collaborating “quickly and expeditiously with the Judiciary and/or the Public Prosecutor’s Office.”

There are nonetheless different investigations and lawsuits underway, nonetheless, and final week an Argentinian choose ordered the elimination of Milei’s financial institution secrecy privileges in order that his monetary dealings might be probed. 

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