Argentine President Javier Milei has disbanded the Libra Investigation Task Unit (UTI), claiming it completed its assigned task and is no longer necessary. This decision has prompted skepticism from legal authorities, including those in Argentina and internationally. The investigation unit was established to assess potential irregularities surrounding the failed cryptocurrency Libra project. The Argentine government believes all relevant information regarding Libra’s collapse has been passed on to the Public Prosecutor’s Office. The President signed the dissolution order alongside Justice Minister Mariano Cúneo Libarona, triggering concerns about potential connections between Milei and his sister, Karina Milei, who is Secretary General of the Presidency, to fraudulent schemes involving cryptocurrencies. Notably, Judge María Servini recently lifted the bank secrecy bond on both President Milei and his sister for further scrutiny of their transactions related to the Libra case. The investigation also extended requests for information regarding these individuals to Mauricio Novelli, Sergio Morales, and Manuel Terrones Godoy – close associates of Hayden Davis, head of Kelsier Ventures, involved in the creation of the failed Libra project. These connections led authorities to freeze assets belonging to the aforementioned individuals. President Milei’s stance on the Libra token was initially positive, but he later withdrew his support after its price plummeted 94%. The unit, led by María Florencia Zicavo, Chief of Staff at the Ministry of Justice and a close confidante of Minister Cúneo Libarona, had authority to demand information from national and international bodies without additional budget expenditures. As part of the investigation’s scope, Zicavo also wielded significant power over operational and regulatory aspects of the project, highlighting concerns about potential conflict of interest.