Taiano rejected the possibility of the anti-corruption prosecutor's office reopening the $LIBRA case.

Federal prosecutor Eduardo Taiano opposed allowing the Administrative Investigations Procuratorate (PIA), the specialized prosecutor's office for corruption crimes, from taking over the $LIBRA case, which is currently archived and in which President Javier Milei and his sister Karina were being investigated for alleged incompatible negotiations during the launch of the cryptocurrency. Taiano's opinion was confirmed to LA NACION by sources close to the investigation. In any case, the question of whether the court case will be reopened will be resolved in 2027, after the Federal Criminal Cassation Chamber rules; it is analyzing whether or not to once again admit the plaintiffs in the case. Prosecutors Sergio Rodríguez and Eduardo Taiano. Prosecutor Taiano opposed his colleague Sergio Rodríguez, head of the PIA, taking over the case. The specialized prosecutor's office for corruption crimes seeks to reopen the investigation, and Taiano argued for closing it. The PIA's opinion, however, is not binding, as the judge is not obligated to follow it, though he may weigh its arguments. The PIA's move came after Taiano requested the dismissal of President Javier Milei, his sister Karina, and the rest of the accused. Judge Marcelo Martínez de Giorgi considered the opinion duly grounded and granted the dismissals. Then, the Procuratorate took up a motion by the NGOs CIPCE and INECIP, assumed the exercise of criminal action on October 29 — which Taiano had withdrawn from — and asked to reopen the case file. For Rodríguez, the closure was premature: "There was no exhaustion of the investigation, but quite the opposite." He referred to the lack of cooperation from other jurisdictions, such as the United States, the pending expert analyses of some cell phones, and the concealment maneuvers attributed to defendants such as Mauricio Novelli and Sergio Morales, who deleted content. Since Martínez de Giorgi was on leave when the PIA's filing came in, Judge Daniel Rafecas, who was serving as substitute, referred it to Taiano for his opinion. Rafecas considered it "necessary" to hear him, as the participating prosecutor, before making a definitive decision. Now, Taiano has objected in the case file, and the decision will rest with Martínez de Giorgi, who has returned from leave. The PIA also filed a subsidiary appeal so that, if there is a new rejection, the final decision will be made by the Federal Chamber. Along the same lines, Cipce, one of the "friends of the court," anticipated that the dispute will reach the Federal Chamber. Meanwhile, the case has another front open at the Federal Criminal Cassation Chamber. Chamber II granted a petition to review whether two victims of the $LIBRA cryptocurrency crash can be considered plaintiffs. By majority, the court ruled to grant the complaint and allow the cassation appeal against the decision of Chamber I of the Buenos Aires Federal Chamber. The ruling does not overturn the dismissals; rather, it will analyze whether the plaintiffs should be admitted so they can come forward and press the action seeking to overturn them. By setting aside the victims, who were excluded at the request of Mauricio Novelli, the case was left without anyone driving the criminal action. If the Cassation Chamber reinstates them, they would be in a position to appeal the closure of the case ordered by Martínez de Giorgi on October 23. The Cassation Chamber will convene a hearing, probably this year, and will then decide on the case next year. The $LIBRA case began on February 14, 2025, when President Javier Milei published a message on X promoting it as an investment project that would finance ventures in Argentina. After the post, the token's price went from $0.01 to $5 within hours before collapsing. A small group made millions in profits and many lost money. Milei deleted the message and said he had acted in good faith. The main subjects of the investigation are Milei, whose tweet promoted the asset and sent its price soaring; the coin's creator, Hayden Davis; and those who would have been the bridge between them, Mauricio Novelli and Manuel Terrones Godoy. Type of work: News Original