In brief
A federal judge in Argentina has closed the criminal case that tied President Javier Milei and his sister to a cryptocurrency fraud scheme, following a request from prosecutors. The file originally stemmed from Milei’s promotion of the short‑dated $Libra token on social media, which collapsed after a rapid price surge. The judge ruled that the alleged actions did not amount to criminal deception. The decision comes amid opposition calls for an impeachment inquiry and raises questions about transparency in digital finance.
A federal judge in Argentina has dismissed a criminal case that linked President Javier Milei and his sister to a cryptocurrency fraud scheme after prosecutors asked the court to close the matter.
The case stemmed from a brief social‑media post in which Milei promoted the nascent $Libra coin, a token that fell sharply in value after the announcement.
The judge ruled that the alleged acts did not amount to a criminal offense and that no deceptive conduct had been proven.
Milei maintains he only shared the link to the coin and that investors voluntarily purchased it after learning the risks, while his office said the anti‑corruption body will examine any improper behaviour.
The drop of the case comes amid calls from opposition lawmakers for Milei’s impeachment over the crypto episode and a broader debate about transparency in emerging digital finance.
