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Argentina Closes Criminal Probe Into President Milei Over Collapsed LIBRA Memecoin

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An Argentine judge has dropped a criminal investigation into President Javier Milei concerning the LIBRA memecoin, which crashed after being promoted. The court concluded that Milei's endorsement of the token did not amount to fraud. Although his backing drew considerable attention to LIBRA, the judge found no criminal wrongdoing in that promotion. The ruling ends the legal inquiry into the president's role in the token's rise and collapse.

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