The criminal investigation regarding Argentine President Javier Milei and his sister's involvement in a cryptocurrency scandal has been dropped.

Court records show that federal judge Marcelo Martinez de Jorge, at the request of the prosecution, dismissed the case against Millet and his sister Karina Millet.

Miley previously stated that his actions were "well-intentioned" in the incident where the price of the cryptocurrency soared only to plummet later, resulting in huge losses for most investors. As of now, Miley has not responded to the news that the case has been withdrawn.

When dismissing the case, the judge stated that 'the reported incident did not fall under any category of crime in law' and concluded that there was no evidence to prove the existence of 'deception of criminal significance'.

The fraud allegations stem from Milay's previous posts on the social media platform X (formerly Twitter) regarding $ Libra The content of the token. At that time, he stated that this type of token would help to provide funding for small businesses and startups.

But a few hours later, he deleted the post, and as a result, the price of that cryptocurrency plummeted, causing investors to lose most of their funds.

The Argentine President's Office insists that Millet and $ Libra has "no relation" to the development, and announced that it will be up to the Anti-Corruption Office to determine whether the president has engaged in improper conduct.

Mile himself also defended the deletion of the post, stating that at the time he was not aware of the 'details of the project. After becoming informed, I decided not to continue promoting it.'

In addition, during a television interview, he insisted that investment... $ Libra The people who do so are "voluntarily" doing it, and they are aware of the risks involved.