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Argentina Drops Criminal Probe into President Milei Over Memecoin LIBRA

An Argentine federal judge has dismissed the criminal case against President Javier Milei and his sister Karina over the promotion of LIBRA, a memecoin that crashed soon after its launch in February 2025. The ruling covers 11 people, including Milei's sister and U.S. businessman Hayden Davis, who described himself as an adviser to the token's launch. The judge acknowledged Milei's endorsement could have given the launch greater impact but found insufficient evidence of specific deception to establish fraud.

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