#ArgentineCourtDismissesLIBRACaseAgainstMilei

## 📰 The Headline

Reports say a federal judge in Argentina has dismissed the criminal case against President **Javier Milei**, his sister **Karina Milei**, and nine others over the **$LIBRA memecoin**. 🪙 The ruling reportedly came after the prosecutor asked for it, and the judge found the evidence did not establish criminally relevant fraud. 🧾

## 📉 How Did We Get Here?

🔹 In **February 2025**, Milei promoted $LIBRA on social media, and the token surged to $4.5 billion before crashing 97% in hours. 🎢

🔹 Investors who bought the hype were left holding heavy losses. 💸

🔹 Over 100 criminal complaints alleging fraud and deceptive promotion were filed against Milei, and Congress opened its own inquiry. 🏛️

🔹 Milei's critics saw a president using his huge platform to push a risky token. 📢 His defenders argued he was backing a project meant to fund small businesses. 🏪

## 🔍 The Case Was Already Shaky

This dismissal did not come out of nowhere. 🧩

🔸 In July, a judge **removed the investors from the case as plaintiffs**, and opposition lawmakers warned this paved the way for impunity. 😠

🔸 Five investors appealed that exclusion. 📝

🔸 In the US, a federal judge dismissed a class action against Kelsier Ventures and Meteora, ruling that the DeFi platform is software and cannot be sued. 🇺🇸

So legal options for investors were already narrowing before this news. 🚪

## 🧠 Why Traders Should Care

📊 **1. Legal risk around memecoins is unclear.** If courts say a promotion is not "criminally relevant fraud," promoters face fewer consequences. ⚠️

👑 **2. Political endorsements move markets.** One post from a head of state created billions in value and wiped it out within hours. 🌪️

🕵️ **3. Retail traders carry the most risk.** Insiders often exit first, while ordinary buyers lose the most. 😔

🛡️ **4. Do your own research (DYOR).** Never buy a token just because a famous person shared a link. 🔗

## ❓ What Happens Next?

🔹 Investors may still look for ways to challenge the ruling. 🥊

🔹 Opposition lawmakers will likely keep the political pressure on. 🗳️

🔹 Congressional and international investigations may continue separately. 🌍

🔹 The case could return if new evidence appears. 📂

## 💡 The Bottom Line

A dismissal is **not the same as proof of innocence**, and it is **not the same as justice for the investors** who lost money. ⚖️💔 For some it brings closure, and for others it deepens the feeling that powerful people face fewer consequences. 🤔

**The lesson for every crypto trader:** hype is not a strategy. 🧘‍♂️ Protect your capital first and use proper risk management. 💼

## 💬 What's Your Take?

Do you think this ruling closes the LIBRA chapter for good? 🔒 Or will investors keep fighting? 🔥 Share your thoughts below! 👇

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#BinancePick #EarningsSeason #USQ3GDPAndSeptemberPCEDueNextWeek #SouthKoreaDelaysCryptoIncomeTax

Sources: [Bitcoin.com News](https://news.bitcoin.com/regulation-and-legal/us-judge-dismisses-libra-crypto-class-action-against-kelsier/), [Buenos Aires Herald](https://buenosairesherald.com/politics/opposition-warns-of-impunity-in-libra-scam-case-after-judge-removes-plaintiffs), [DL News](https://www.dlnews.com/articles/people-culture/argentine-president-dismantles-libra-memecoin-task-force/), [Coffee Break Newsletter](https://cybersynthcircular.substack.com/p/coffee-break-newsletter-update-argentine)