LIBRA’s Wild Ride: President Milei’s Disbanding of Investigators Sparks Crypto Chaos! 🚀

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In a twist worthy of a theatrical farce, LIBRA has soared over 80% as Argentine President Javier Milei, in a fit of bureaucratic bravado, disbanded a task force dedicated to investigating the very token that has become the talk of the town. The Investigative Task Unit (UTI), in a dramatic flourish, has forwarded all its findings to the national prosecutor’s office, leaving us to wonder: is this a masterstroke or a blunder? 🤔

Will this audacious act stymie the investigations? Perhaps! But the pressure to scrutinize Milei’s financial entanglements is as palpable as the scent of burnt coffee in a Moscow café. Yet, let’s not kid ourselves; this does nothing to erase the criminal charges looming over Argentina’s head honcho. 🕵️‍♂️

President Milei and the LIBRA Scandal

The LIBRA pump and dump saga has unfolded like a tragicomedy, leaving the crypto community in Argentina gasping for air, especially with President Javier Milei allegedly at the center of this circus. 🎪

Criminal charges have been hurled at Milei, and both the courts and legislature are hot on his heels. But alas, local reports suggest these investigations may have hit a speed bump, or perhaps a pothole, as we read:

“The Government believes that the information collected [by UTI] was forwarded to the Public Prosecutor’s Office, and that the [UTI] has fulfilled its assigned task,” declared the official dissolution of the UTI, signed with a flourish by President Milei and Minister of Justice Mariano Cúneo Libarona.

Ah, LIBRA! A rug pull of epic proportions that has left Milei’s public approval rating in tatters. Yet, like a phoenix from the ashes, the Solana-based meme coin is still kicking! 🦸‍♂️

Since its dramatic launch and subsequent collapse in February, LIBRA has yet to reclaim its former glory, but today it’s rallying like a football team in the final minutes of a match. The asset climbed over 80% before taking a slight tumble—classic crypto! 📉

This isn’t LIBRA’s first rodeo with Milei’s antics. It briefly surged 60% after he reposted a purchasing guide, only to plummet again after a disastrous TV interview—talk about a rollercoaster ride! 🎢

Currently, LIBRA resembles an orphaned meme coin, which, let’s be honest, doesn’t bode well for long-term stability. But fear not, dear reader, for one thing is certain: even with the LIBRA-specific task force disbanded, investigations into President Milei’s involvement are still very much alive and kicking. 🥊

Just last week, a federal judge ordered the release of financial records from Milei, his sister, and three other associates, with their assets frozen like a popsicle on a hot summer day. 🍦

And let’s not forget, the scrutiny doesn’t end at Argentina’s borders. Many LIBRA investors are U.S. citizens, raising the specter of American enforcement agencies possibly knocking on Milei’s door. 🚪

While no action has been taken yet, local media whispers that some investors are gearing up for a class-action suit. So, rest assured, this scrutiny isn’t going to vanish like a magician’s rabbit anytime soon! 🎩

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2025-05-20 19:34