When Investigations Go Poof: Milei’s Magic Trick with LIBRA!

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In a move that could only be described as a masterclass in political sleight of hand, Argentine President Javier Milei has officially waved his wand and dissolved the investigative unit that was created earlier this year to scrutinize potential fraud linked to the cryptocurrency LIBRA. 🎩✨

Ah, LIBRA (LIBRA), the digital currency that Milei so enthusiastically endorsed on social media, has now become a symbol of his questionable judgment. It’s almost as if he’s playing a game of “hot potato” with the truth, and guess what? The potato is on fire! 🔥 This decision comes just three months after the unit’s formation, proving that in politics, time is indeed a relative concept—especially when it comes to accountability.

According to the decree signed by Milei and his trusty sidekick, Justice Minister Mariano Cúneo Libarona, the task force “has fulfilled the task assigned to it,” having forwarded its findings to the Public Prosecutor’s Office. But wait! No report has been made public, and the government has chosen to keep the details of any accountability measures as secret as a magician’s best tricks. 🪄

Milei’s Dubious Relationship with LIBRA

Ah, the tale of LIBRA! It surged in value after Milei gave it a glowing endorsement on February 14 via his X account, only to plummet faster than a lead balloon, leading to multimillion-dollar losses for investors and a flurry of international headlines. Talk about a romantic disaster! 💔

The fallout was so dramatic that Argentina’s Parliament decided to open its own investigation, while judicial probes in the U.S. and Spain began to sniff around for possible fraudulent schemes involving Milei and his sister, Karina Milei. Family ties, anyone? 👀

The now-defunct UTI had been granted the power to gather information from national and international bodies without any additional budget allocations. Sounds like a recipe for success, right? Well, it was led by María Florencia Zicavo, a close advisor to the justice minister, which raised eyebrows about the independence of the probe from the very beginning. 🕵️‍♂️

In a further twist of the knife, the Milei administration had already rolled back the investigative powers of Argentina’s Financial Information Unit in April, effectively limiting oversight. While Milei claims that all requested data from state entities was submitted and reviewed, the public remains blissfully unaware of the commission’s conclusions, if any were ever reached. It’s like a mystery novel with the last chapter missing! 📚

And now, the case rests with the judiciary, particularly Judge María Romilda Servini, who must be wondering if she’s been cast in a political thriller or a dark comedy. 🎭

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2025-05-20 19:49