The Aporia · Argentina drops probe into President Milei and sister over meme coin scandal

Federal judge Marcelo Martinez de Giorgi dismissed a criminal investigation into Argentine President Javier Milei and his sister Karina Milei regarding their involvement in a meme coin scandal on October 23. The case, which began in February 2025 when Prosecutor Eduardo Taiano requested an inquiry, examined whether Milei had promoted the cryptocurrency $LIBRA, leading to its brief rise and subsequent crash after he deleted a post about it on X (formerly Twitter). Prosecutors ultimately concluded there was insufficient evidence to pursue charges of fraud.

Written by AI on 2026-10-23, from this article's own text only (the story summary below draws on all the coverage).

Story summary

As of October 23, 2026, Argentine federal judge Marcelo Martinez de Giorgi dropped a criminal investigation into President Javier Milei and his sister Karina Milei over their involvement in a cryptocurrency scandal involving the $LIBRA token. The probe, initiated in February 2025 after Milei promoted the crypto coin on X (formerly Twitter), was dismissed when prosecutor Eduardo Taiano requested its dismissal due to insufficient evidence of fraud. Judge Martinez de Giorgi ruled that investor losses and price fluctuations were not enough to establish criminal wrongdoing. At the time of the currency's crash, Milei had denied any connection to $LIBRA and claimed he acted "in good faith."

Written for “Argentina Drops Milei Probe Over Crypto Scandal” on 2026-11-04, grounded in this article and the 1 other(s) covering the same event.

📰 Argentina Drops Milei Probe Over Crypto Scandal

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Argentinian judge drops fraud investigation into Milei over crypto scandal Same event

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The Straits Times

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Argentina drops probe into President Milei and sister over meme coin scandal BUENOS AIRES, Oct 23 - asserted

Argentina → drop → scandal

A criminal investigation into the role of Argentine President Javier Milei and his sister Karina Milei in a meme coin scandal was dropped on Friday, according to court records. uncertain

investigation → drop → records

Federal judge Marcelo Martinez de Giorgi gave the order after prosecutor Eduardo Taiano asked for the dismissal, according to local outlet La Nacion. uncertain

Taiano → give → Nacion

A judge was assigned in February 2025 to investigate Milei's role in promoting a cryptocurrency that crashed. asserted

that → assign → cryptocurrency

Milei had recommended the little-known crypto coin $LIBRA in a posting on X, kicking off a brief rally. asserted

Milei → recommend → rally

He later deleted the posting and denied having any link to the cryptocurrency, which soon plunged. asserted

which → delete → cryptocurrency

The investigation had looked into possible fraud involved in the coin's launch. asserted

investigation → look → launch

At the time of the currency's crash, Milei said he had acted "in good faith" and accused his political rivals of trying to take advantage of the situation. asserted

he → say → situation

Argentina drops probe into President Milei and sister over meme coin scandal

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