Swedish Chief Prosecutor Marianne Ny said Friday the investigation into the rape allegations would not proceed because "there's no possibility of arresting Assange in the foreseeable future".
In a statement, the office said Chief Prosecutor Marianne Ny had chose to shut down the investigation and that details would be made available later at a press conference, Efe news reported.
"This is a total victory for Julian Assange".
Friday was the deadline for prosecutors to renew or lift the warrant for Assange's arrest.
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Assange, 45, has been holed up in the embassy since 2012 after skipping bail to avoid extradition to Sweden over the allegation of rape, which he denies.
American authorities have prepared charges to seek Arrange's arrest, CNN reported, citing USA officials familiar with the matter.
But London's Metropolitan Police in a statement said it would have to arrest Assange if he leaves the embassy because he failed to surrender to the Westminster Magistrates' Court in June 2012.
After the news was announced, WikiLeaks tweeted that the "focus now moves to the UK", saying the country had "refused to confirm or deny whether it has already received a US extradition warrant for Julian Assange".
South Korea's Moon to take cautious approach to THAAD issue
Lee met separately with other senior Chinese officials, who had more forceful words for the South Korean visitor. In the song, group members chant that "about THAAD we say no, no, no", a reference to the U.S.
Last month, President Donald Trump said he would support any decision by the Justice Department to charge Assange. Lawyer David Allen Green, who has followed the case, tweeted: "Once outside embassy, Assange more at risk from any United States extradition attempt than if he had gone to Sweden".
"Now that the situation has changed and the Swedish authorities have discontinued their investigation into that matter, Mr Assange remains wanted for a much less serious offence", it wrote in a statement.
Police kept up round-the-clock guard outside the embassy until December 2015, when the operation was scaled back, in part because of the cost, which had exceeded 11 million pounds (over $17.5 million at the time).
USA air strikes hit pro-regime convoy in Syria
Reports said the coalition fired warning shots to prevent the army forces from advancing before hitting the convoy. Meanwhile, a military source said the strike reveals the real scheme by the USA and Zionist entity against Syria.
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