Argentina dropped legal investigations into President Javier Milei and his sister over a cryptocurrency fraud case
Argentina's judiciary dismissed criminal charges against President Javier Milei over a cryptocurrency case, with the judge stating no fraud occurred. The $Libra collapse led to investor losses and large withdrawals.
- The judiciary in Argentina dropped proceedings against President Milei regarding cryptocurrency fraud allegations.
- Investors reportedly lost over 100 million US dollars.
- Judge Marcelo Martínez de Giorgi stated the reported events do not constitute a criminal offense.
- Milei promoted a cryptocurrency named after his zodiac sign on his X account.
- The cryptocurrency $LIBRA's market capitalization exceeded US$4 billion after its launch.
- Milei accused LA NACION of using the case to create a state coup.
- Approximately $100 million was withdrawn from digital wallets.
Outlets: BBC News, Buenos Aires Times, Clarín, Der Tagesspiegel, Deutschlandfunk, EL PAÍS: el periódico global, El Universal (Mundo), El Universo, Il Post, La Nación (Argentina), La Tercera, Le Monde.fr - Actualités et Infos en France et dans le monde, Perfil, Prensa Libre, SRF News, elDiarioAR, taz
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