BlockchainPolitics
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Francisco Rodrigues
Source published: 24/10/2026, 14:38:47 UTC
Briefing created: 24/10/2026, 15:17:02 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 24/10/2026, 14:40:23 UTC.
Briefings
A judge ruled against President Javier Milei, dismissing his promotion of the memecoin LIBRA as non-fraudulent despite the token's high public attention. This decision ended a criminal probe initiated by the Argentine government, marking a significant shift in how the administration handles digital assets. The ruling occurred in October 2026, following intense scrutiny of Milei's financial activities.
Key points
- The Argentine judge ruled that President Javier Milei's promotion of the memecoin LIBRA did not constitute fraud, despite the token receiving significant public attention.
- The decision ended a criminal probe initiated by the government, which had previously investigated Milei's financial activities linked to the token.
Context
Argentina launched a criminal probe into President Javier Milei's financial activities following the launch of the memecoin LIBRA. The government's investigation focused on potential fraud, but the judge's ruling on October 24, 2026, overturned the initial stance, allowing Milei to continue his presidency without criminal charges related to the token.
Limitations
The evidence is a single judicial finding from October 2026. It does not include details on the specific financial transactions investigated, the timeline of the probe, or the broader economic context of Argentina's digital asset market. The ruling's impact on future legal proceedings remains uncertain.
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