According to BeInCrypto, an Argentine federal judge has cleared President Javier Milei of criminally relevant deception related to the promotion and collapse of the meme coin known as LIBRA. The ruling determined that no criminal deception occurred in connection with LIBRA’s marketing or outcome.
The decision addresses claims tied to the LIBRA scandal, which involved the coin’s public promotion and subsequent decline. Judge Marcelo issued the ruling, concluding that the circumstances did not meet criteria for criminal deception under applicable law.
Critics of the ruling describe it as a cover-up, arguing that accountability remains necessary. Some individuals who were formerly part of plaintiff groups involved in related claims continue to seek a viable route to appeal the decision.
