Argentine Lawmakers Seek to Oust Federal Prosecutor From Leading Libra's Probe

Argentine lawmakers who probed the Libra incident have vowed to act against Eduardo Taiano, the prosecutor in charge of the case, after information revealed hints at a deeper relationship between President Javier Milei and Mauricio Novelli, an associate behind the token launch.

Argentine Deputies Prepare Legal Actions To Accelerate Libra’s Case

A group of Argentine lawmakers is preparing to take action to accelerate the Libra probe after new data linking President Milei to some individuals behind the token launch was recently made public.

The congressional commission that investigated the Libra event is reportedly launching two complaints against Eduardo Taiano, the prosecutor in charge of the case, for not acting expeditiously, even though he had several key elements to advance the investigation.

The first complaint accuses Taiano of hindering the Congress’s work, as he rejected a request seeking to force government officials to clarify their links to the token and did not allow the commission to access the case files that had recently been made public.

Another complaint alleges that Taiano was covering up evidence to protect President Milei, his sister Karian Milei, and other individuals linked to the presidential group.

Maximiliano Ferraro, former president of this commission, directly referred to Milei as a part of the Libra launch, highlighting that the Argentine president was the “protagonist and necessary participant” of a “multi-million-dollar act of corruption and of the misappropriation of the presidential office”.

On social media, he stated that:

“There was direct coordination between fringe operators within the crypto world and the President of the Nation’s inner circle, who leveraged his office and power to promote the cryptocurrency in exchange for payments amounting to millions.”

Ferraro also called to request that Milei, his sister Karina, former Chief of Staff of Advisors to the President of the Nation Demian Reidel, and Milei’s advisor Santiago Caputo, disclose their communications with Mauricio Novelli on Libra’s launch day.

In addition, they will also promote a possible interpellation of Manuel Adorni, Chief of the Cabinet of Ministers, and Secretary Karina Milei.

All indicates that the case is facing a breaking point, and that Taiano is at the center of it.

FAQ 🧭

  • Why are Argentine lawmakers accelerating the Libra cryptocurrency probe? They are taking action after new data linked President Milei and his inner circle to the token’s launch.
  • Why is prosecutor Eduardo Taiano facing congressional complaints? Lawmakers accuse Taiano of obstructing the investigation and covering up evidence to protect the presidential entourage.
  • What are the specific allegations against President Milei? Former commission president Maximiliano Ferraro claims Milei leveraged his office to promote the cryptocurrency in exchange for millions.
  • What are the next steps in the congressional investigation? Lawmakers are demanding the disclosure of the administration’s communications on launch day and seeking to interrogate top cabinet officials.
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