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Judge Dismisses Criminal Probe Into Milei’s Crypto Promotion

By Drooid · Oct 24, 2026, 6:07 AM UTC · How we work

Summary

Story summary

Federal judge Marcelo Martinez de Giorgi dismissed the criminal investigation into President Javier Milei’s cryptocurrency promotion.
Judge ruled the reported events did not constitute a criminal offence and cleared Milei’s sister Karina Milei.
Milei posted about the $Libra token on X in February 2025, after which its price surged then collapsed.
Judge found investor losses insufficient to prove fraud while also dismissing the probe into US businessman Hayden Davis.

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Story summary

Federal judge Marcelo Martinez de Giorgi dismissed the criminal investigation into President Javier Milei’s cryptocurrency promotion.
Judge ruled the reported events did not constitute a criminal offence and cleared Milei’s sister Karina Milei.
Milei posted about the $Libra token on X in February 2025, after which its price surged then collapsed.
Judge found investor losses insufficient to prove fraud while also dismissing the probe into US businessman Hayden Davis.