🔥"Argentina’s President Milei cleared by court in LIBRA token case

An Argentine federal judge dismissed the criminal case involving the LIBRA token, clearing President Javier Milei, his sister Karina Milei, and nine others.

In February 2025, Milei posted a promotion for LIBRA on social media platform X. The token’s market capitalization once topped $4.5 billion before plunging about 95% in just a few hours, while wallets linked to the project team withdrew $107 million.

The judge concluded there was no evidence of deceptive conduct sufficient to constitute a crime, and that a celebrity promoting a token does not automatically amount to fraud. Milei welcomed the ruling, while the opposition called it a cover-up."
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