Argentine judge dismisses fraud case against President Milei over cryptocurrency

An Argentine judge has cleared President Javier Milei of criminal charges connected to a cryptocurrency scandal. The decision came on October 23, 2026.

Milei had promoted a digital token called $Libra on social media in February 2025. He said it would help small businesses raise money. The token's price rose quickly after his post, then crashed, leaving many investors with heavy losses.

Judge Marcelo Martinez de Giorgi ruled that a price crash alone is not enough to prove fraud. He found no evidence that Milei or his sister Karina had acted dishonestly. Karina had also faced questions about whether she received payments to arrange business meetings.