Buenos AiresNo court will now test Milei’s $LIBRA endorsement.
Investors who lost most of their money on the token have no criminal case left.
Judge Marcelo Martinez de Giorgi ruled that a president’s standing may amplify a launch but does not make a fraudulent scheme.
The judge also dropped the case against Hayden Davis, who acknowledges holding close to $100m after the crash.
Milei’s office asks who in Argentina answers for what it calls a failed institutional coup.
How each outlet framed it
drawn from 150+ reports worldwide
- Aol
- reports the dismissal through the judge's 'not a legal category' ruling and the 'criminally relevant deception' finding, not Milei's denials
- BBC
- foregrounds the judge's 'reported events do not fall under a legal category' wording alongside the investors' losses and the 'rug pull' accusations
- Al Jazeera Online
- cites the judge's view that Milei's institutional standing gave the launch 'greater impact' but did not make it fraud, and notes Hayden Davis's ~$100m
Sources: Aol, BBC, Al Jazeera Online