Argentina's Libra Token Probe Stalls as UFECI Lacks Software

Eduardo Taiano's investigation into Libra token flows in Argentina has stalled as the Specialized Cybercrime Prosecutor's Office (UFECI) lacks the required software to complete technical analysis of wallets involved in the token's launch. Taiano, the public prosecutor handling the case, requested UFECI to analyze wallet movements totaling over $4.78 million between February 3 and February 13. In April, UFECI responded that it could not fulfill the request due to missing software licenses necessary for investigating technological platforms and preparing technical reports. The probe examines the Libra token promoted by Argentina's President Javier Milei, with deputies now pressing Attorney General Eduardo Casal to allocate funds to resume the investigation.

UFECI Responds to Taiano's Request in April

According to local reports, Taiano sent a request to UFECI to deepen the probe into wallet movements made by relevant wallets between February 3 and February 13. In April, UFECI responded to Taiano's request, stating that it was unable to fulfill it due to a lack of required software. The office stressed that it lacked the required software licenses to fulfill this request and that it would do so when possible. UFECI had completed similar requests because it was using a limited-time demo version of such software, but that had already expired.

Infographic on Libra Probe's current status

Deputies Send Letter to Attorney General Eduardo Casal

A group of deputies sent a letter to Eduardo Casal, Argentina's Attorney General, requesting swift assignment of the funds needed to continue the investigation. Maximiliano Ferraro, President of the former Libra Congressional Commission, stated it was "unacceptable for the judicial investigation into the Libra case to be stalled because specialized units lack the necessary resources or technological tools to trace the flow of funds and analyze the virtual wallets involved." Ferraro highlighted that the investigation was of special relevance due to the possible presidential involvement in these events. "The lack of means cannot become an excuse to paralyze a cause or an obstacle to knowing the truth and denying justice," Ferraro concluded.

Libra Trust Prepares Grants Before November

The Libra Trust, funded by Kelsier Ventures CEO Hayden Davis using Libra's sale proceeds, will allegedly deliver grants to Argentine companies before November.

FAQ

What did Eduardo Taiano request from UFECI regarding the Libra token investigation?

Eduardo Taiano requested UFECI to conduct a technical analysis of wallet movements totaling over $4.78 million between February 3 and February 13 as part of his investigation into the Libra token promoted by Argentina's President Javier Milei.

Why did UFECI fail to complete Eduardo Taiano's request?

In April, UFECI responded that it could not fulfill Taiano's request due to a lack of required software licenses necessary for investigating technological platforms and preparing technical reports. The office had previously used a limited-time demo version of such software, but that version had expired.

What action did deputies take regarding the stalled Libra investigation?

A group of deputies sent a letter to Argentina's Attorney General Eduardo Casal requesting swift assignment of funds needed to continue the investigation, with Maximiliano Ferraro calling the stall "unacceptable" due to lack of resources.

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