Milei closes the Task Force of the Libra in the middle of setbacks over the Krypto scandal

• Milei dissolves the Task Force of the Libra examination despite the increasing pressure.
• The opposition requires a further examination of the mileis shared division.
• Libra's collapse led to millions of losses and triggered legal probes worldwide.

The Argentine President Javier Milei officially dissolved the Task Force, which was set up to examine the controversial scale scandal. This decision, which Milei and Minister of Justice Mariano Cúneo Libarona announced on May 19, was made only three months after the task force was created. Milei promoted the cryptocurrency, which caused a crash and led to massive loss of investor funds.

The investigative Task Unit (ITU) was founded at the beginning of this year, shortly after President Milei, the scale on his official social media platform, X. The Task Force intended to examine the possible role of Milei at the start and crash of the scales, which many critics compared with a pump-and-dump scheme.

Milei concludes the investigative tasks (ITU)

The Argentine government said that the ITU had completed its mandate and forwarded the information collected to the public prosecutor. However, the government has not disclosed the results or measures. The opposition has expressed concerns and asked the parliamentary commission to further investigate the actions of Milei.

Opposition has criticized the dissolution of the task force. You have asked the activation of an investigative commission to reveal the complete details of the scandal. The case attracted a lot of attention worldwide as well as studies in the USA and Spain.

The collapse of Libra leaves investors into losses

Mileis Ruf suffered in Argentina when the public opposed him. A survey reports that more than 50% of the Argentinians do not trust the President according to the Libra's fiasco. However, Milei refused to pay heavy taxes in the crypto company.

Blockchain data showed that over 15,000 tolases were scaled and 86% of them reported losses. While Milei argued that local investors were not affected, the data showed that many Argentinians were injured. The losses have expressed concerns about the project and the role of insiders.

Milei faces an increased global test

Although the scales are carried out, the legal process continues. The scandal is examined by international authorities and Argentine courts. Milei is still under pressure to explain his role in the collapse of the cryptocurrency.

However, the scandal has expressed concerns about management and political participation in crypto projects in Argentina.

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