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Argentina Judge Drops Criminal Probe Into President Milei Over LIBRA Memecoin Crash

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Argentina Judge Drops Criminal Probe Into President Milei Over LIBRA Memecoin Crash

Here is what the page “Argentina Judge Drops Criminal Probe Into President Milei Over LIBRA Memecoin Crash” contains. A federal judge in Argentina has dismissed a criminal investigation into President Javier Milei over his promotion of the LIBRA memecoin, ruling that his actions did not constitute fraud. The probe was launched after Milei endorsed the token on social media, briefly driving its value up before a sharp collapse that wiped out millions in investor funds. The judge determined that while Milei's support drew significant attention to LIBRA, there was insufficient evidence to show he intended to deceive or defraud buyers.

The decision is a legal victory for Milei, whose libertarian government has faced criticism over the episode. Critics argue the ruling sets a concerning precedent for accountability when public figures promote volatile digital assets. For now, the president avoids formal charges, but the case highlights ongoing tensions in Argentina over crypto regulation and political responsibility in a market known for extreme swings. For the complete material, the listing points back to the source inside the network.

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