In a recent ruling, an Argentine judge has dropped a fraud investigation into President Javier Milei over his involvement in a cryptocurrency launch, stating that the president’s role does not amount to a fraudulent scheme.
The decision follows a series of allegations that Milei had used his position to influence the creation and promotion of a new digital‑currency platform. After reviewing the evidence, the judge concluded that the president’s participation was not part of a criminal conspiracy.
Milei, who has been in office since December 2023, is known for his libertarian stance and has championed free‑market reforms, including support for cryptocurrency initiatives. The judge’s ruling clarifies that, while the project attracted scrutiny, it does not meet the legal definition of fraud.
Although the investigation has been closed, the case highlights the growing interest in digital assets within Argentina’s political landscape. The ruling is expected to ease concerns among supporters who had feared that the president’s involvement could undermine the integrity of the new crypto venture.
<small>Source: Al Jazeera — read the original story there.</small>
