🔥“Cryptogate” Argentina: President Milei temporarily escapes prosecution in the $LIBRA memecoin case
– Argentina has disbanded the special investigation unit (UTI) regarding President Javier Milei's promotion of the $LIBRA memecoin, stating that it has transferred the files to the prosecution.
– The $LIBRA memecoin once surged to ~4.5 billion USD, then plummeted 90–97% within just a few hours – one of the most shocking “rug pulls” in recent times.
– Although the UTI has been disbanded, the Court is still investigating Milei and his sister for fraud and money laundering, demanding the opening of bank accounts from 2023 to the present.
– The opposition strongly criticizes this, claiming that the dissolution of the UTI is a “cover-up move to shield him.”
👉Is this a sophisticated way to escape punishment or just a temporary delay? There’s also a young man sitting in the White House who issued another memecoin, but this guy is really big, so he might get away with it.