Argentine authorities are investigating President Javier Milei. The lead prosecutor, Eduardo Taiano says the case involves fraud, bribery, and influence peddling. The probe focuses on the LIBRA cryptocurrency scandal.
It also examines how a group of businessmen made nearly $110 million. The case is linked to digital asset trades and suspicious transactions. It raises many questions for the public and law enforcement.
Investigation and Digital Evidence
Taiano has ordered a freeze on digital assets. He aims to lock down up to $110 million. This step will stop money from being moved. He also wants to recover deleted social media posts.Â
These include a tweet from President Milei on February 14. That tweet promoted a Solana-based memecoin. The probe now gathers digital records. Since its start, all transactions related to LIBRA have been under review. The goal is to trace who benefited from the sales.
The prosecutor has also called for help from international partners. He seeks cooperation to get records from global crypto exchanges. This move may help track money trails. Investigators will study encrypted digital wallets.Â
They hope to reveal hidden details of the trade. Taiano’s team is working to secure all available data.
The freezing of assets is a key part of the case. Authorities want to stop funds from being moved. They have frozen digital addresses used in the scheme. The aim is to protect money that might be linked to crimes.
Gathering Witnesses and Tracing Communications
The probe now focuses on those who may have helped in the scheme. Taiano is building a list of witnesses. He hopes to hear from blockchain experts.
Others in the presidential circle are also being questioned. Investigators are asking for telephone records and visit logs.
They want to see if there is any connection between key players and important locations like the Casa Rosada and the Olivos estate. These steps could reveal hidden links and strengthen the case.
Authorities are also reviewing the suspects’ financial records. They are checking bank accounts and other investments. The search will look for any unusual gains. A rise in assets without a clear reason might point to illegal gains from LIBRA trades.
Legal and Market Impacts
The investigation also reviews the rules on digital assets in Argentina. Taiano wants to know if current laws were followed. The case may show gaps in supervision by the Central Bank and the National Securities Commission.
Changes in legal rules could come from the findings. Meanwhile, the LIBRA case has brought crypto issues into the spotlight. Meme coins have gained global attention.
Earlier, U.S. President Trump and his wife, Melani, saw their tokens rise in value before a sudden drop. This adds to the ongoing debate about crypto market rules.
The case is still unfolding. Investigators continue to work on gathering all digital evidence. The focus is to uncover all details about the transactions. Each measure taken may help pin down who is responsible.
Also Read: LIBRA Memecoin Scandal Forces Ben Chow to Resign from His Role as Co-Founder of Meteora