Judge Drops Milei Meme Coin Probe

An Argentine federal judge has dropped a criminal investigation into President Javier Milei regarding a meme coin scandal. The court found no evidence of fraud in his promotion of the cryptocurrency Libra, dismissing claims of wrongdoing.

Argentina's President Javier Milei and his sister, Karina Milei, General Secretary of the Presidency of Argentina, attend a meeting with Israel's President Isaac Herzog in Jerusalem April 20, 2026. REUTERS/Amir Cohen/File Photo

An Argentina federal judge cleared President Javier Milei and his sister Karina Milei of wrongdoing in a meme coin scandal on Friday, citing no evidence of fraud. The dismissal ends a criminal probe into the launch of a digital token that crashed shortly after the president promoted it. Investigators examined whether the promotion constituted a fraudulent scheme.

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