BREAKING: President Milei Shuts Down Task Force Investigating LIBRA Crypto Scandal
On May 20, 2025, Argentine President Javier Milei signed Decree 332/2025, formally dismissing the special investigative unit tasked with probing the $LIBRA cryptocurrency scandal.
The move marks a significant development in Argentina’s ongoing scrutiny of digital asset-related activities within its borders.
The now-dissolved Unidad de Tareas de Investigación (UTI), or Investigation Task Force, had been established earlier this year through Decree 114/25 under the Ministry of Justice. Its purpose was to collect data and documentation linked to the crypto asset “$LIBRA”, and to coordinate with both the judiciary and public prosecutors to support a streamlined and rapid investigation process.
According to the newly issued decree, the unit fulfilled its objective by gathering and submitting the necessary information to the Public Prosecutor’s Office. As a result, President Milei authorized the disbandment of the task force, stating that the mission outlined in the original decree had been successfully completed.
The document confirms that the decree was issued under Article 99, section 1 of the National Constitution, granting the executive power to make such administrative decisions. The dissolution also follows consultation with the government’s legal advisory body.
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Closing Statement
“The task assigned under Decree No. 114/25 has been fulfilled. Therefore, it is appropriate to dissolve the unit created for that purpose.”
— Official Decree 332/2025, signed by President Javier Milei and Minister Mariano Cúneo Libarona
With the investigation task force now disbanded, the spotlight turns to what actions — if any — will follow based on the findings handed over to the Public Prosecutor’s Office. For now, Argentina closes a chapter on one of its most high-profile crypto investigations to date.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
