Argentina’s New President Embraces Crypto 💰 — What to Expect in 2025

The Argentine government has closed an investigative unit probing the LIBRA crypto token scandal tied to President Javier Milei and his sister. This decision follows a judge's order to unseal their bank accounts. Earlier, LIBRA saw a rapid rise and fall in value, prompting an investigation. Allegations were made that Karina Milei was paid to influence her brother regarding the token's promotion. Despite the initial promotion, President Milei later distanced himself, claiming a lack of prior knowledge. The disbandment statement, signed by both the president and justice minister, claims the unit completed its purpose amid ongoing judicial interest in the case.