LIBRA token scandal comes to a close: Argentine judge dismisses criminal investigation against President Milei, Milei and relatives cleared of charges

Odaily reports that court records show Argentine federal judge Marcelo Martinez de Giorgi has dismissed, at the request of prosecutors, a criminal investigation against Argentine President Javier Milei and his sister Karina Milei related to the Libra cryptocurrency scandal. In his ruling, the judge stated that the reported events do not constitute a statutory offense and failed to substantiate any deception of criminal significance.

In February 2025, following Trump's issuance of TRUMP, Argentine President Milei posted on X platform mentioning the newly issued Libra, stating it would be used to fund small businesses and startups, and shared a purchase link, after which the token price rose rapidly. Hours later, Milei deleted the post, Libra's price plummeted, and most investors lost the majority of their funds. He previously denied promoting the token, stating he acted in good faith, and has not yet responded to the news of the case dismissal. (BBC)