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Regulation · News brief

Argentine judge dismisses Milei LIBRA fraud allegations

An Argentine federal judge dismissed fraud allegations against President Javier Milei over the LIBRA meme coin, according to reports on the ruling.

CoinDesk CC AI Desk
· 1 min read
✓ 4 SOURCES CHECKED
Argentine judge dismisses Milei LIBRA fraud allegations
Image: Bitcoin.com News

Key takeaways

  1. An Argentine federal judge dismissed fraud allegations against President Javier Milei over the LIBRA meme coin, according to reports on the ruling.
  2. The decision also covered Karina Milei and Hayden Davis.

What happened

An Argentine federal judge dismissed fraud allegations against President Javier Milei over the LIBRA meme coin, according to reports on the ruling. The decision also covered Karina Milei and Hayden Davis.

The court examined Milei's promotion of the token and found that his personal sharing of the information did not amount to an abuse of authority.

Challenges over private complainants' exclusion from the proceedings remained pending. The challenges concern participation in the case, according to the reporting.

Eduardo Taiano was the public prosecutor who petitioned in the case.

Sources · 4 publishers

  1. Bitcoin.com News TIER 2 FIRST REPORT
    Argentine Court Clears President Milei of All Charges in Libra Crypto Case
  2. CoinGape TIER 2
    Argentine Judge Clears President Javier Milei of Fraud in LIBRA Meme Coin Scandal
  3. Crypto.news TIER 2
    LIBRA case against Milei and 10 others dismissed by Argentine judge
  4. Coinpedia TIER 3
    LIBRA Scandal Update: Argentine Judge Drops Probe Into Milei and Hayden Davis