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2w ago

Argentine Deputies Deadlock on Leadership of $LIBRA Scandal Probe

A tied vote delays the appointment of the commission president until mid-May, stalling progress on investigating the alleged crypto fraud.

La votación para elegir a las autoridades de la comisión finalizó en empate (Foto NA).
La comisión investigadora del caso $Libra en Diputados no llegó a un acuerdo. Foto: Juano Tesone
Image
Está frenado el inicio de la comisión investigadora. 

Overview

  • The Argentine Chamber of Deputies has formed a 28-member commission to investigate the alleged $LIBRA cryptocurrency fraud.
  • An initial vote to elect the commission's president ended in a 14–14 tie between candidates Sabrina Selva (Unión por la Patria) and Gabriel Bornoroni (La Libertad Avanza).
  • The leadership decision will now be resolved in a full House session scheduled for the week of May 12.
  • The commission has a three-month administrative mandate to gather evidence, request testimonies, and seek international cooperation, but it lacks judicial powers.
  • The investigation into $LIBRA is part of broader congressional scrutiny of President Javier Milei’s administration, which faces mounting political and legal challenges.