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Justice: Proceedings against Argentine President Milei dropped

Javier Milei can breathe a sigh of relief: the cryptocurrency fraud allegations are off the table for now. The judiciary is closing the investigations against the Argentine President. The opposition is outraged.

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Justice: Proceedings against Argentine President Milei dropped

An Argentine court has dropped a case against President Javier Milei over his alleged involvement in a cryptocurrency scandal. The case centered on Milei's promotion of $LIBRA on social media, which lost value hours later, causing estimated losses of over $200 million. The judge, Marcelo Martínez de Giorgi, ruled that the incidents did not constitute a crime.

Milei's sister, Karina Milei, and others were also investigated. The decision was criticized by the opposition, with La Cámpora describing the judiciary as being controlled by a "mafia" serving those in power.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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