Argentina Closes Investigation Into LIBRA Cryptocurrency Scandal

Argentina’s President Javier Milei has officially dissolved the investigation into the controversial LIBRA cryptocurrency scandal, marking a significant development for investors. The unit was created to examine alleged irregularities surrounding the token following a substantial price drop and substantial losses for investors. While President Milei confirmed the closure on May 20, 2025 after the unit’s investigative mandate was completed, investor trust has been shaken by this move. 2,5 and potentially further impacts on crypto regulations in Argentina remain to be seen.