World News
Argentine judge ends fraud probe into Milei over $Libra token
A federal judge dismissed the criminal case at prosecutors' request, finding no criminally relevant deception proven.
The short version
- A federal judge dismissed a criminal fraud case against President Javier Milei and his sister Karina Milei at prosecutors' request.[BBC News · Al Jazeera]
- The judge ruled the reported events do not fall under a legal category and that no criminally relevant deception was proven.[BBC News · Al Jazeera]
- The probe stemmed from a February 2025 X post by Milei about $Libra, which he deleted as the token crashed; he says he merely shared it.[BBC News · Al Jazeera]
- A separate case against US businessman Hayden Davis was also dismissed; Davis acknowledges holding close to $100m after the crash and denies wrongdoing.[Al Jazeera]
Key facts
- A federal judge dismissed the criminal fraud investigation into President Javier Milei and his sister Karina Milei at prosecutors' request.[BBC News · Al Jazeera]
- The judge ruled that no criminally relevant deception was proven and that the reported events do not fall under a legal category.[BBC News · Al Jazeera]
- The probe followed Milei's February 2025 X post about the $Libra token; the token's price spiked after the post and crashed after he deleted it.[BBC News · Al Jazeera]
- Milei has denied promoting $Libra, saying he merely shared it.[BBC News]
- The judge also dismissed an investigation into US businessman Hayden Davis, who acknowledged holding close to $100m after the crash and denies wrongdoing.[Al Jazeera]
What remains uncertain
- The reporting does not say whether the Anti-Corruption Office, which was to determine if Milei acted improperly, has reached a finding.[BBC News]
- Opposition impeachment plans and online 'rug pull' accusations were reported as allegations; the reporting provided does not show how they were resolved.[BBC News]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.