An Argentine court on Friday dismissed proceedings against President Javier Milei over his alleged involvement in a cryptocurrency scandal, ruling that the reported conduct did not constitute a criminal offence.

Federal judge Marcelo Martínez de Giorgi said the incidents under investigation did not fall under any criminal statute.

Milei was accused last year of promoting the $LIBRA cryptocurrency on social media before its value collapsed just hours later. Investors are estimated to have lost more than $200 million. Some opposition politicians called for impeachment proceedings against the president.

“The world wants to invest in Argentina. $LIBRA,” Milei wrote on the social media platform X at the time. He deleted the post hours later….