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Milei Axes LIBRA Investigative Unit After Data Handoff to Prosecutors

Milei Axes LIBRA Investigative Unit After Data Handoff to Prosecutors

Coindesk
Author:
Coindesk
Release Time:
2025-05-20 15:54:29
0

Milei Closes Down LIBRA Investigative Unit After It Shares Findings With Prosecutors

Argentina’s libertarian firebrand shuts down financial watchdog unit—just as it starts delivering results. Coincidence? Or another case of ’shoot the messenger’ in crypto’s wild west?

The LIBRA team had been digging into shady transactions before getting the boot. Now prosecutors hold the evidence—while the government cuts funding with surgical precision. Nothing boosts ’transparency’ like silencing investigators mid-case.

Bonus jab: Another win for ’regulation by attrition’—the preferred compliance strategy of governments and rug-pullers alike.

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