#argentinecourtdismisseslibracaseagainstmilei
⚖️ Argentina's LIBRA case against Milei is dismissed. Is it really over?
On Oct 23, a federal judge closed the criminal case against President Milei, his sister Karina and nine others, after the prosecutor asked for dismissal. Reports say the ruling found no criminal fraud established.
🔍 What the headlines skip:
• Milei's Feb 14, 2025 post sent LIBRA soaring, then it collapsed within hours
• An estimated 44,000+ investors lost money
• Phone records showed 7 Milei–Novelli calls on launch day
• Investor plaintiffs were removed in July and are appealing, so this isn't final
• A US class action was also dismissed in New York, on RICO grounds
💡 My take: "no crime found" is not "no risk." A court ruling doesn't refund buyers. Celebrity-backed memecoins still run on hype, thin liquidity and insider wallets.
✅ Before buying any endorsed token, check holder concentration, liquidity locks and team wallets on-chain.
Should politicians ever promote tokens? 👇
$LIBRA $SOL
$BTC
#LIBRA #Memecoins #CryptoNews #Argentina
Not financial advice.
⚖️ Argentina's LIBRA case against Milei is dismissed. Is it really over?
On Oct 23, a federal judge closed the criminal case against President Milei, his sister Karina and nine others, after the prosecutor asked for dismissal. Reports say the ruling found no criminal fraud established.
🔍 What the headlines skip:
• Milei's Feb 14, 2025 post sent LIBRA soaring, then it collapsed within hours
• An estimated 44,000+ investors lost money
• Phone records showed 7 Milei–Novelli calls on launch day
• Investor plaintiffs were removed in July and are appealing, so this isn't final
• A US class action was also dismissed in New York, on RICO grounds
💡 My take: "no crime found" is not "no risk." A court ruling doesn't refund buyers. Celebrity-backed memecoins still run on hype, thin liquidity and insider wallets.
✅ Before buying any endorsed token, check holder concentration, liquidity locks and team wallets on-chain.
Should politicians ever promote tokens? 👇
$LIBRA $SOL
$BTC
#LIBRA #Memecoins #CryptoNews #Argentina
Not financial advice.
