Established via Decree 114/2025 in February, the UTI was tasked with gathering evidence on LIBRA’s volatility after Milei’s February social media post endorsing the token preceded its price surge and collapse. The unit coordinated with agencies, including the Financial Information Unit, Central Bank, and Anti-Corruption Office, submitting findings to the Office of the Prosecutor General.

The latest Decree issued on May 19, signed by Milei and Justice Minister Mariano Cúneo Libarona, stated the UTI “fulfilled its functions” and was no longer necessary. The scandal erupted when reports revealed wallets tied to senior figures sold LIBRA tokens after Milei’s post, prompting investor complaints of market manipulation.

Opposition lawmakers accused Milei of blurring public office and private interests, citing his 2023 campaign events, during which he allegedly collected $20,000 in undocumented cash from business leaders during private dinners organized with his sister, Karina Milei. While the UTI concluded its work, a congressional investigative committee formed in April has yet to begin proceedings.

Justice Minister Cúneo Libarona and Economy Minister Luis Caputo skipped a scheduled May 14 hearing. The decree cited completed requests for documentation from 12 agencies and compliance with the original mandate. The dissolution will likely halt scrutiny into potential government ties to the token’s volatility. No further investigations by the executive branch are planned. The case remains with the Prosecutor General’s Office, while lawmakers debate next steps.

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