Argentina drops criminal probe into Milei over LIBRA

An Argentine judge has closed the criminal investigation into President Javier Milei over his promotion of the crashed LIBRA memecoin, finding that his public endorsement did not constitute fraud despite the attention it drew to the token.

The decision ends a probe that had centered on whether Milei's posts helped inflate and then deflate the coin, which collapsed shortly after launch. No details were disclosed on whether the case can be appealed or on the status of other parties tied to the token's rollout.