Argentina judge ends criminal probe into Milei over crashed LIBRA memecoin

A judge in Argentina has closed the criminal investigation into President Javier Milei over his promotion of the LIBRA memecoin, which crashed after his endorsement drew buyers in. The court found that Milei's backing of the token did not amount to fraud. The decision removes a legal overhang tied to a political figure's direct involvement in a memecoin, though it offers no recovery for holders who bought near the top.