Judge Shuts LIBRA Case Against Javier Milei, Ruling the Memecoin Facts Fit No Crime
By Unchained
AI summary of the source article
Argentine federal judge Marcelo Martínez de Giorgi dismissed the LIBRA memecoin criminal case against President Javier Milei and ten others, ruling that the events constituted no crime. The ruling granted a request by federal prosecutor Eduardo Taiano.
Key facts
- Judge Marcelo Martínez de Giorgi dismissed the criminal case against Javier Milei, Karina Milei, and nine others regarding the LIBRA memecoin.
- The judge found no criminally relevant deception, no official acts tied to the project, and no use of public resources.
- LIBRA's market cap peaked at $4.56 billion after Milei promoted it on Feb. 14, 2025, before dropping over 94% within 11 hours.
Source excerpt · Unchained
Siding with prosecutor Eduardo Taiano, Judge Marcelo Martínez de Giorgi cleared all 11 people under investigation, Kelsier's Hayden Davis included. The order is not yet final. The post Judge Shuts LIBRA Case Against Javier Milei, Ruling the Memecoin Facts Fit No Crime appeared first on Unchained .