Judge Clears President Milei in Crypto Investigation
An Argentinian judge has stopped a criminal investigation into President Javier Milei and his sister. The investigation was about the failure of a cryptocurrency that the president had shared online.
Judge Marcelo Martinez de Giorgi announced his decision on Friday, stating that the events did not seem to be a criminal offense. He explained that the money people lost and the change in the cryptocurrency's price were not enough to prove there was fraud. The judge also mentioned that while the president's support might have made the launch more popular, it didn't mean it was a fraudulent plan.
The presidential office shared on social media that this proves President Milei's innocence. They questioned who would be responsible for wasting the country's time and resources on this failed investigation.