TL;DR
- Milei signed Decree 332/2025, ordering the dissolution of the unit investigating Argentina’s $LIBRA crypto scandal.
- The government stated the task force completed its work and handed all documentation to the Office of the Public Prosecutor.
- With the UTI disbanded, the $LIBRA case remains open as the courts decide how to proceed with the collected evidence.
Argentine President Javier Milei signed Decree 332/2025 on May 20, formally dissolving the special unit investigating the $LIBRA case. This task force had been created earlier this year under the Ministry of Justice, with the goal of gathering information and coordinating actions with the judiciary and public prosecutors to clarify one of the country’s most high-profile crypto scandals.
Why Did Milei Shut Down the UTI?
According to the official document, the unit fulfilled its mandate by completing the assigned work and delivering all gathered material to the Office of the Public Prosecutor. As a result, the Executive Branch decided to end its operations and dissolve it permanently. The decision followed consultations with the government’s legal advisory body and is based on the administrative powers granted to the president by the National Constitution.
The investigative group, officially named the Investigation Task Force (Unidad de Tareas de Investigación, UTI), had been formally established in February through Decree 114/25. Its task was to track documentation and data related to the cryptocurrency $LIBRA’s operations. It was also responsible for facilitating information exchanges with prosecutors and judges to speed up ongoing judicial proceedings.
The Dissolution Does Not Restrict Ongoing Investigations
With the publication of the new decree. The Executive Branch stated that the objective for which the UTI was created has been met. The document specifies that the evidence collection and its handover to judicial authorities have been completed. Making the continued operation of the unit unnecessary.
Now, attention shifts to the decisions the Office of the Public Prosecutor might make based on the submitted material. So far, Milei’s administration has not announced any new measures related to the case or disclosed the contents of the gathered information. The $LIBRA case remains one of Argentina’s most publicly exposed crypto-related investigations. With the task force dissolved, the focus turns to the potential legal actions that may follow.
The decree also clarifies that dissolving the unit neither restricts nor limits the ongoing investigations under the judiciary’s authority
