By CABA Vive Editorial Staff
The judicial plot that surrounds cryptocurrency $LIBRA It has ceased to be a matter of financial markets and has become a time bomb in the heart of the Casa Rosada. In the last hours, Juan Grabois, in his role as plaintiff lawyer representing thousands of victims of the collapse of the token, presented a brief to the Attorney General of the Nation, Eduardo Casaldemanding exceptional measures in the face of what it considers an «institutional cover-up maneuver.»
The request: A “Task Force” of prosecutors
The core of Grabois’ claim is the creation of a special team of prosecutors to provide support to Eduardo Taianothe prosecutor currently leading the investigation. According to the document to which this media had access, Grabois denounces a «flagrant asymmetry» in access to digital evidence.
The complaint maintains that the prosecutor’s office has been «slow and erratic» in the expert examination of the devices seized from the promoters of $LIBRA, allowing key evidence—such as records of transfers on the blockchain and Telegram messages—to remain in legal limbo. Grabois points out that the technical complexity of the case requires specialists that the ordinary prosecutor’s office does not have, or that, in the worst case, «does not want to use.»
The evidence that complicates the «Iron Triangle»
What makes this case different from other crypto scams is the alleged direct connection to the top leadership of the Executive Branch. The investigation has brought to light drafts of a «confidentiality and sponsorship agreement» between the president Javier Miley and the CEO of the firm, Hayden Davis.
But the siege does not stop at the president. Justice analyzes the role of:
- Karina Milei: His name appears mentioned in developers’ conversations as the «key» to enabling promotional events in public spaces.
- Luis Caputo: It is investigated whether there was facilitation of financial mechanisms for the outflow of capital after the bursting of the bubble.
- Santiago Caputo: The complaint suspects that the communication strategist mounted an «astroturfing» campaign (fake accounts) to artificially inflate the value of the token before the crash.
The case presents an unprecedented ethical and legal dilemma:
- The civil liability of the President: Government defenders argue that Milei, as a fervent advocate of financial deregulation, simply recommended a technological tool in which he believed. From this perspective, blaming the President for the loss of savings would be equivalent to blaming a fashion influencer because a brand went bankrupt.
- The conflict of interest: The most severe criticism lies in whether this «recommendation» was mediated by payment. If Milei or his entourage received economic benefits (crypto assets or fiat money) for promoting $LIBRA while performing public functions, we would be facing a case of incompatible negotiationsa crime that does not require that the scam be consummated to be punished.
Could the $LIBRA case end Milei’s term?
The question about the stability of the Government hangs in the air. Here, the analysis of the real risks:
1. The “Stain Effect”: Beyond the judicial, the damage is reputational. Milei built his political identity on moral superiority against «the chorra caste.» Being associated with a scam that affected the “ordinary citizen”—his electoral base—breaks the contract of trust. A presidency weakened by the scandal loses negotiating capacity in Congress and in international markets.
2. The Political Trial: A steep road: For Milei to be removed from office, the opposition would have to activate the Political Trial.
- The legislative arithmetic: Today, the Government has a «resistance block» sufficient to stop the necessary two-thirds in Deputies. However, if the evidence of direct bribery becomes irrefutable, key allies like the PRO could let go of his hand to avoid going down with him.
- The «Doctrine of Guilt»: If Justice moves forward and prosecutes Karina Milei or the President himself, social pressure could force a negotiated exit or resignation, similar to previous historical crises, although the current institutional framework seems more rigid.
The $LIBRA case has ceased to be a colorful anecdote about modernity and has become the most dangerous file that Comodoro Py has trod in years. Grabois’ request to Casal is not just a legal move; It is a declaration of political war that seeks to expose the cracks in the libertarian model.
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