Argentine Judge Clears President Javier Milei of Fraud in LIBRA Meme Coin Scandal

HIGHLIGHTS Argentine federal judge dismissed fraud allegations against President Javier Milei over the LIBRA meme coin scandal. The court cleared Karina Milei and Hayden Davis, finding insufficient evidence of criminal wrongdoing. LIBRA's collapse followed Milei's Feb 2025 endorsement, with blockchain researchers identifying approximately $99M in withdrawals. Argentine President Javier Milei has been cleared of criminal wrongdoing in the LIBRA meme coin scandal following a federal court ruling. On Friday, Federal Judge Marcelo Martinez de Giorgi ruled that the investigation was without merit because there was no evidence of fraud in connection with the collapse of the cryptocurrency.