Argentina’s President Halts Investigation into Libra Memecoin

Argentine President Javier Milei has dissolved the unique investigation task force, UTI, tasked with examining the fallout of the controversial Solana-based memecoin, Libra. This sudden decision follows a period marked by significant losses for investors and accusations regarding the president’s involvement. Despite ending the formal probe, investigations into Milei’s role are ongoing both within Argentina and internationally.