Libra Scandal: Milei Dissolves Investigation

Argentine President Dissolves Libra Meme Coin Investigation Task Force

• President Javier Milei promoted the Solana-based meme coin, LIBRA, in February.
• The coin’s value surged before crashing, prompting allegations of a pump-and-dump scheme.
• A government task force was established to investigate potential misconduct related to the coin’s launch.
• Milei has now dissolved this investigative body after it reportedly completed its inquiry.
• The criminal investigation into the matter remains ongoing.
• The price of LIBRA spiked by 60% recently, reaching a peak above $0.04.

Argentine President Javier Milei dissolved the task force investigating his involvement in the controversial launch of the LIBRA meme coin. The move comes as a criminal investigation continues into allegations surrounding the coin’s dramatic rise and fall in value.