Argentine Court Gives Verdict on Javier Milei and LIBRA Scandal

An Argentine federal judge has cleared President Javier Milei in the LIBRA case. The ruling found no criminally relevant deception in the meme coin’s promotion and collapse. However, critics call the decision a cover-up, and some former plaintiffs still seek a path to appeal. What the Judge Decided in the LIBRA Case Federal judge Marcelo Martínez de Giorgi dismissed the case against 11 people, including Milei and his sister Karina. The judge also dismissed the case against Hayden Davis, Mauricio Novelli, and Julian Peh. Prosecutor Eduardo Taiano had requested the decision. As a result, none of the 11 ever faced formal questioning as a suspect. In his 60-page ruling, the judge wrote that a promotion, a rally, and a crash do not prove fraud alone.

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