The unit in charge of investigating President Javier Milei’s connection to the LIBRA memecoin has been dissolved after it shared its findings with the public prosecutor’s office. The Unidad de Tareas de Investigación (UTI) has accomplished its …
“At this point, memecoins are synonymous with ‘pump and dump’ schemes,” says FRNT Financial.
It was unclear if any money was exchanged between Davis and Milei’s inner circle in advance of Libra’s launch.
Milei deleted posts promoting the token and claimed he was unaware of its development.