An Argentine judge is probing fraud accusations against President Javier Milei concerning his endorsement of the $LIBRA cryptocurrency, which quickly depreciated post-launch. Milei’s office clarified that he had no part in developing the cryptocurrency and withdrew his backing to minimize adverse publicity after facing public criticism. Attorney Jonatan Baldiviezo alleged that Milei's involvement was part of an illegal scheme to defraud linked to the cryptocurrency's release. Milei has sought to disassociate himself from the scandal, highlighting his actions were done in good faith and without knowledge of the project specifics.