Argentine Judge Dismisses $LIBRA Case Against Javier and Karina Milei

The $LIBRA controversy began in February 2025, when President Javier Milei promoted the cryptocurrency's launch on X. He later deleted the post. The token surged and then collapsed, according to Le Monde.

The collapse prompted a fraud investigation. Milei denied acting fraudulently, BBC News reported. The investigation also encompassed his sister Karina Milei, secretary general of the Presidency, and other people.

A separate investor class action in New York was dismissed in September 2026, according to The Defiant. That proceeding was distinct from the Argentine criminal case.

On October 23, an Argentine judge dismissed the criminal case against Javier Milei and others. The Defiant reported that the ruling covered Karina Milei and Hayden Davis as well.

The judge concluded that the events investigated did not constitute crimes, according to RT en Español. That is the legal basis described in the supplied coverage, rather than a verdict following a trial.

Milei responded publicly that day. La Nacion reported that he accused others of conducting a political and media operation against him. Speaking at Fundación Faro, he also alleged an attempted coup, according to Infobae. Those were Milei's characterizations, not findings attributed to the judge.

The Argentine criminal case has been dismissed against Javier and Karina Milei. El Cronista reported both dismissals and the president's public response on October 23.

The coverage differs on the total number of people covered. The Defiant describes Milei and 10 others, while RT en Español describes Milei and nine others. The supplied reports do not explain that discrepancy or identify an appeal, an appeal deadline or another scheduled legal step.