In brief
Argentina’s federal court has dropped criminal charges against President Javier Milei and his sister Karina Milei stemming from the collapse of the $Libra cryptocurrency. Judge Marcelo Martinez de Giorgi found no evidence of criminal deception and ruled the allegations do not fit a legal category. The move follows Milei’s earlier denial that he promoted the coin, claims that sparked impeachment talks and a rapid fall in investor value. The president maintains he acted in good faith and that the investment was voluntary. Metaworld users can now explore interactive video footage of the court hearing and the viral social media posts that triggered the probe.
In a surprising turn of events, federal prosecutors have requested the dismissal of a criminal investigation that linked Argentine President Javier Mile i and his sister Karina to a controversial cryptocurrency, $Libra.
Judge Marcelo Martínez de Giorgi confirmed the request, stating that the alleged actions “do not fall under a legal category” and no “criminally relevant deception” had been proven. The decision arrives after President Mile i publicly denied promoting the fledgling crypto, asserting he only shared a link in good faith before deleting the post when the value plummeted.
The lawsuit, originally filed by opposition members of Congress who called for impeachment proceedings, stemmed from a post on X (formerly Twitter) where Mile i described $Libra as a potential catalyst for small businesses. Within hours of publishing the link, the coin’s value surged and then crashed, wiping out thousands of investors’ money.
Mile i’s spokesperson maintains the president had no role in the coin’s development and that the Anti‑Corruption Office will assess whether any misconduct occurred. The president himself has stated that buyers were “voluntarily” involved and that he was unaware of the project’s details when he first shared it.
For those in the metaverse, the event can be revisited through interactive VR renderings of the courtroom proceedings and the original X post timeline. Avatars can explore the evidence and watch live feeds of the court’s decision, providing a fully immersive view of a key moment in Argentina’s political and crypto landscape.
