Argentina's President Javier Milei has been cleared by the country's Anti-Corruption Office in the LIBRA memecoin scandal investigation.
The Anti-Corruption Office found no legal violations in Milei's promotion of the cryptocurrency, stating he acted as an economist rather than a public official in endorsing LIBRA.
While Milei has been exonerated, investigations into the LIBRA scandal continue in Argentina, the US, and Spain.
The value of LIBRA plummeted after initial surge, leading to significant financial losses for investors; the memecoin now trades at $0.030.